Initial circulating supply cap of 75 million tokens, Fables to conduct TGE on October 20

Odaily reports that Robinhood on-chain DEX Fables has announced that FABLES will conduct its TGE on October 20 and simultaneously launch the ve(3,3) mechanism. At TGE, the PROLOGUE reserve, points claims, and liquidity FABLES corresponding to the initial liquidity pool will total no more than 75 million tokens, and team tokens will not enter circulation.

The points campaign will continue at a rate of 250 million points per week until October 19; participants must choose between claiming liquidity FABLES or locking them as veFABLES between October 12 and 19, and wallets that fail to complete their selection will lose eligibility to claim. 25 million FABLES will be reserved for PROLOGUE holders, with the claim window opening at TGE and lasting for one month.