Fables will hold its Token Generation Event (TGE) on October 20, with an initial circulating supply cap of 75 million tokens.

Robinhood’s on-chain decentralized exchange (DEX) Fables announced that its Token Generation Event (TGE) will take place on October 20, with the ve(3,3) mechanism launching simultaneously. The points campaign will continue at a rate of 250 million points per week for two weeks, ending on October 19. A full claim guide will be released on October 12, covering point conversion ratios, lockup options, and the PROLOGUE redemption process. Point participants must choose between claiming liquid FABLES or locking their tokens into veFABLES for a custom lockup period between October 12 and 19; longer lockups will yield higher allocation ratios. Wallets that fail to complete the selection by October 19 will forfeit their eligibility. Final allocations will be calculated after the points campaign concludes, with the claim window opening at TGE and lasting one month. The PROLOGUE snapshot will be taken between October 17 and 18, with 25 million FABLES reserved for PROLOGUE holders: every 40 eligible PROLOGUE tokens will entitle holders to at least 1 liquid FABLE. At TGE, the total liquid FABLES allocated to PROLOGUE reserves, point claims, and initial liquidity pools will not exceed 75 million tokens. Team allocations total 80 million FABLES: 40 million permanently locked as veFABLES, and the remaining 40 million with a 6-month lockup vesting over two years, with no team tokens entering circulation at TGE. To date, Fables has launched 52 markets on Robinhood Chain, holding approximately $45 million in deposits, with cumulative trading volume exceeding $2 billion and generating over $3.9 million in fees.