On August 27, Fractal Bitcoin, a Bitcoin extension network, posted on social media that it is expected to launch the mainnet on September 9. It also announced the token economics, with 80% allocated to the community and 20% to the team and contributors (with a lock-up period). Among them, POW mining accounts for 50%, the ecosystem treasury accounts for 15%, pre-sales account for 5%, consultants account for 5%, community grants account for 10%, and core contributors account for 15%.
BRC-20 on Fractal will be activated at block height 21,000 on the Fractal mainnet; PizzaSwap on Fractal (formerly known as Fractal Swap) will be launched on the testnet this week; once PizzaSwap goes live, officials will begin testing the embedded mini-asset bridge, allowing users to transfer BTC and other assets between Bitcoin and Fractal.