How to Participate in the Fables Airdrop
Step 1: Add Robinhood Chain to Your Wallet
To begin, ensure your wallet supports the Robinhood Chain. If you are using MetaMask, Rabby, or another EVM-compatible wallet, manually add it using the chain ID 4663.
Step 2: Fund Your Wallet With ETH or USDG
You need to fund your wallet with either ETH for gas fees or USDG for liquidity. Consider purchasing ETH on Bybit and transferring it to your wallet. You can then bridge to Robinhood Chain or swap it for USDG using the bridge widget below.
Easily swap and bridge across multiple chains.
Opens an interactive bridge widget
Open the bridge in a new tab
Step 3: Connect Your Wallet to Fables
Navigate to the Fables platform and connect your wallet. Use the provided link to ensure that you can utilize referral benefits without losing your points.
Step 4: Deposit Liquidity Into a Fables Market
Visit the deposit section and select a market where you can contribute:
-
ETH/USDG: popular trading pair
-
SPY/USDG: tokenized S&P 500 ETF
-
GLD/USDG: tokenized gold
-
TSLA/USDG: tokenized Tesla
Choose your investment range, specify the amount of ETH or USDG, and complete your deposit.
Step 5: Keep Your Position in Range
To earn swap fees and points, maintain your investment within the defined price range. Regularly monitor your position and adjust as necessary.
Step 6: Claim Weekly USDG Rewards
Each week, access the rewards section on Fables to claim your USDG based on the swap fees accrued from your positions.
Step 7: Create Your Referral Link
After your investments reach a minimum of $100, link your account on the Points Board to generate a referral link. You will earn 10% of the LP points generated by each user you refer.
Tips for Maximizing FABLES Allocation
Choose based on trading volume. Pools with high trading activity but lower total value locked may provide better points than more popular options.
Consider range width versus maintenance. Narrow ranges attract more fees but can easily fall out of range. Balance this to optimize returns.
What is Fables?
Fables is a decentralized exchange functioning on the Robinhood Chain, leveraging Uniswap v4 hooks. This platform facilitates the trading of a variety of assets including tokenized stocks, ETFs, and cryptocurrencies. Examples of trading pairs available on Fables include SPY/USDG, GLD/USDG, TSLA/USDG, and ETH/USDG.
The fables project integrates a points program aimed at liquidity providers (LPs), which is connected to the forthcoming token, $FABLES.
Understanding the Fables Points Program
The Fables points initiative rewards liquidity providers for earning swap fees, allowing for a total of 900 million points to be allocated through October 5, 2026. Additionally, participants can earn weekly USDG rewards, which supplement traditional trading fees.
Consider impermanent loss. Price fluctuations in stocks and gold pairs can significantly impact earnings from fees, especially for smaller deposits. This means that while you can gain from providing liquidity, those gains can be offset by market movements.
Frequently Asked Questions
When is the Fables Token Generation Event (TGE)?
The Fables team has not yet set a confirmed date for the TGE. While some announcements have linked it to the conclusion of the points program on October 5, 2026, official documentation still indicates that the date remains unconfirmed.
Is Participating in the Fables Airdrop Free?
No, participation requires providing liquidity. To earn Fables points, users need a combination of ETH or USDG on the Robinhood Chain, along with a small amount of ETH to cover transaction fees (gas). There are no tasks that can be completed for free points; only active liquidity positions can generate swap fees and earn points.
How Are Fables Points Converted to $FABLES Tokens?
As of now, the conversion rate between Fables points and $FABLES tokens has not been disclosed. Points are distributed daily in relation to the swap fees earned by each active LP position. The project team suggests the points system is designed to inform future $FABLES distributions, with details about final allocations to be shared in future announcements.
Conclusion
The Fables points program effectively compensates liquidity providers on the Robinhood Chain for the fees generated through their activities. With a total of 900 million points available until October 5, 2026, and additional weekly USDG rewards, participants have an opportunity to enhance their returns beyond traditional fee earnings.
