fractal Founder Announces That 4,101,541 fb Coins Will Be Destroyed on September 9 During the Halving
2026-08-08 18:28:18
According to CoinMeta, Wu said that fractal founder Lorenzo announced in a post that a total of 4,101,541 fb tokens will be permanently destroyed during the first halving, which is expected to occur around September 9th. This includes the remaining rewards for fip-101, undistributed rewards from the public test phase, and ecosystem allocations for the second year. A draft proposal for fip-102 will be released tomorrow, proposing to reallocate 50% of the token supply after the halving to support the issuance of native fb on the Bitcoin mainnet, reducing the block reward to 6.25 fb tokens while not increasing the total supply. fip-103 will define the specific distribution mechanism. In addition, Unisat plans to purchase $200,000 worth of fb tokens from the public market each month for five consecutive months after the halving, totaling $1 million, as part of a long-term strategic reserve, which will be locked on-chain for at least five years.
Source:X
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