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Fractal Bitcoin announces token economics: The total supply of FB tokens is 210 million, with 80% allocated to the community.

Sep 08, 2024 21:40:11

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ChainCatcher news, the Bitcoin scaling solution Fractal Bitcoin announced on platform X that the mainnet will launch in approximately 11 hours. The total supply of FB tokens is 210 million, with the specific allocation as follows:

  • Proof of Work (PoW) mining 50%
  • Ecosystem treasury 15%
  • Community grants 10%
  • Pre-sale 5%
  • Advisors 5%
  • Core contributors 15%

The allocation cap for the ecosystem treasury and community grants is 10% of the total allocation per year, distributed over 10 years. The allocation cap for advisors is 20% of the total allocation per year, distributed over 5 years. This approach aims to provide long-term support and sustainability for the Fractal ecosystem.

Fractal Bitcoin announces token economics: The total supply of FB tokens is 210 million, with 80% allocated to the community.

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