First halving will burn over 4.1 million FB permanently; Fractal plans to adjust issuance mechanism; UniSat intends to purchase $1 million worth of FB
2026-08-08 11:46
Odaily Planet Daily News: Lorenzo stated on the X platform that Fractal is expected to permanently burn a total of 4,101,541 FB during its first halving around September 9, including remaining rewards from FIP-101, undistributed rewards from public testing, and ecosystem allocations from the second year. Fractal will release the FIP-102 proposal draft tomorrow, which plans to reallocate 50% of the token issuance after the halving to support native FB issuance on the Bitcoin mainnet, reducing Fractal block rewards to 6.25 FB without increasing the total supply; FIP-103 will define the specific distribution mechanism. UniSat plans to purchase $200,000 worth of FB from the open market each month for five consecutive months after the halving, totaling $1 million, as a long-term strategic reserve, with on-chain locking for at least five years.
