🌟 FIP-101: Building A Permissionless & Sustainable Data Infrastructure for Bitcoin-Native Applications

🎯 Mini community challenge

Guess the exact block height when FIP-101 public testing Stage 1 will go live on May 14!

🏆 Reward: 200 FB
The closest guess wins. If there's a tie, the earliest reply wins.

⏳ 24 Hours

Drop your guess in the comments below 👇

🚀 FIP-101: Public Testing Coming Soon

The public testing phase of FIP-101 Fractal Standard Indexing Service is about to begin. You will soon be able to run an indexer and/or stake FB to participate in Index Mining and receive mining rewards on Fractal.

Here's what you need to know 👇

🔹 How does it work?
Stage 1 will be used to test the staking and reward distribution mechanism. Users may stake FB towards the Fractal official indexer to participate.

Staking is non-custodial. Your FB remains controlled by your address and is not transferred to the indexer. You may unstake at anytime with no lock-up period.
Rewards will be distributed based on stake share.

🔹 Who can participate?
• Staking is open to all addresses
• Minimum stake per address is 50 FB, no maximum stake limit.

🔹 Public testing reward details
Rewards during public testing will follow the official Index Mining mechanism and block reward of 25 FB per block.

However, to keep the rollout stable, rewards will follow a linear release schedule — the proportion of each block reward distributed will gradually increase over time, eventually reaching 100%.

This means:

• Stage 1: The release percentage starts at 30% (7.5 FB per block) and increases with each block until it reaches 60%.
• Stage 2: The release percentage starts at 60% (15 FB per block) and continues increasing until it reaches 100% (25 FB per block)

Each stage is estimated to last approximately 4 weeks, providing sufficient time for testing and any necessary corrections. Stages may be extended if additional testing time is required.

🔹 What's different in Stage 2?
Stage 2 will be used to test the lightweight indexer and multi-indexer system.

Anyone can spin up their own indexer easily by adopting Fractal's lightweight indexer design and join Fractal's data indexing network. Users will be able to stake with any indexer and receive rewards.

More details, including the participation guide and launch timing, will be shared soon.