FUEL

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Fuel Network

Yes, there is a crypto token planned for the Fuel Network project. The native token is called FUEL and it has already been launched[1][2]. Key details about the FUEL token include:

• Total initial supply of 10 billion tokens[7]
• 1 billion FUEL tokens (10% of total supply) allocated for a Genesis Drop airdrop to over 200,000 eligible participants[1][4]
• Airdrop claim period from December 19, 2024, to January 19, 2025[1][2]
• FUEL will be used for staking, delegation, and securing the Fuel sequencing network[1][10]
• Annual inflation rate of 3%[1][7]
• ERC-20 token on Ethereum, also available on the Fuel Network[2]

The FUEL token is designed to power the Fuel Network's decentralized sequencer and eliminate gas fees for users through a novel economic incentive structure[10].

Yes, Fuel Network has announced an airdrop for its native FUEL token[1][2]. The airdrop, known as the Fuel Genesis Drop, will distribute 1 billion FUEL tokens (10% of the total supply) to over 200,000 eligible wallets[1][7]. Eligible participants can claim their tokens from December 19, 2024, to January 19, 2025[7]. Additionally, Fuel Network has started Phase 2 of the Genesis Drop, which will distribute 150 million FUEL tokens (1.5% of the total supply) to participants in the Fuel Points Program and Testnet contributors[7]. The claim period for Phase 2 is from January 30 to March 2, 2025[7].