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      Fables plans FABLES token TGE on October 20, PROLOGUE snapshot scheduled for the prior weekend

      PANews reported on September 30 that Fables, a trading platform in the Robinhood Chain ecosystem, announced that the FABLES token is planned to undergo its TGE on October 20, with the ve(3,3) mechanism going live at the same time. The points campaign has been extended to October 19; the project will announce claim instructions on October 12, and points participants must choose between claiming liquid tokens or locking veFABLES between October 12 and 19. The PROLOGUE holder snapshot is planned for October 17–18, and the final conversion ratio will be confirmed after the snapshot. The team said every 40 eligible PROLOGUE can be converted into at least 1 liquid FABLES. At most 75 million FABLES will be in circulation at TGE, with the team's share not circulating at that time. Fables said the platform currently has 52 markets, about $45 million in deposits, and over $2 billion in cumulative trading volume on Robinhood Chain. The above arrangements may still be adjusted due to legal review and implementation conditions.


      Source: PANews
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