Fables will hold the FABLES token generation event on Oct. 20 and launch its ve(3,3) mechanism simultaneously. An initial 75 million FABLES will enter circulation, but the project will not issue its full circulating supply at once. Tokens will instead be minted as needed for liquidity provision and future scheduled uses. The community allocation totals 120 million FABLES, including up to 45 million available as liquidity tokens at TGE and 25 million reserved for Prologue holders, which will be minted when claimed. Team allocations total 80 million FABLES, with none entering the market at launch. The points campaign runs through Oct. 19, with claim instructions due Oct. 12; participants must choose between liquid FABLES and locking tokens as veFABLES during the Oct. 12-19 window. A Prologue holder snapshot is scheduled for Oct. 17-18, establishing a conversion rate of at least one liquid FABLES per 40 eligible Prologue tokens. Fables reports 52 active markets, approximately $45 million in deposits and more than $2 billion in cumulative trading volume on Robinhood Chain. The project said the schedule remains subject to change pending legal review and implementation conditions.