Fabric/Openmind published tokenomics with a total supply of 10 billion tokens, allocating 5% for an airdrop. The project signaled that TGE is approaching, with the token distribution framework now outlined for the community and stakeholders. The team shared the figures on X and highlighted the upcoming milestones and timelines.
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Fabric is a decentralized synthetic-asset issuance protocol built on Solana. It lets users mint, trade and burn SPL-based synthetic assets (for example fGOLD and fURA) collateralized by the FAB token and accessed via the fSynth dApp. The protocol emphasizes low fees, high throughput and uses FAB for staking and governance. ([xfabric.medium.com](https://xfabric.medium.com/introducing-the-fabric-protocol-223ba5c46a6a?utm_source=openai))
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Tracking since 29 days ago
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The community Discord has been rebranded to Fabric with a broader vision.
The server will focus on protocol updates, governance discussions, and technical contributions.
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