# Completion of FNCY BEP 20 Conversion & Initial Supply Confirmation

**1. Overview**\
The FNCY Foundation has completed the migration of the FNCY token to the Binance Smart Chain (BEP20) following the termination of the FNCY Mainnet.

Based on the snapshot data taken on October 22, 2025, 15:00 UTC, the initial total supply and circulating supply have been finalized.

This announcement provides details on the BEP20 token issuance structure and the burn plan for the unminted tokens.<br>

**2. Token Information**

* Token Name: FNCY
* Total Supply: 2,000,000,000 FNCY
* Decimals: 18
* Network: Binance Smart Chain (BEP20)
* Contract Address: 0xf7C5031Ba52BBb0cf68Cc87172685E6fb849F62c
* Snapshot Block: #32,175,810
* Snapshot Time: October 22, 2025, 15:00 UTC<br>

**3. Snapshot-Based Supply and Distribution**

* Snapshot Data (JSON): <https://raw.githubusercontent.com/FNCYchain/FNCY-BEP20/refs/heads/main/20251023\\_fncy\\_holders.json> &#x20;
* Snapshot Data (Excel): <https://github.com/FNCYchain/FNCY-BEP20/raw/refs/heads/main/20251023\\_fncy\\_holders.xlsx&#x20>;

| **Category**                            | **Amount (FNCY)** | **Remarks**                                     |
| --------------------------------------- | ----------------- | ----------------------------------------------- |
| Total Supply                            | 2,000,000,000     | Total at the time of BEP20 migration            |
| Total Minted Supply (as of snapshot)    | 1,160,825,184.748 | Based on Block #32,175,810                      |
| Unminted (to be burned)                 | 839,174,815.252   | To be burned on Oct 30, 2025 (BSC Dead Address) |
| Foundation Holdings                     | 468,449,042.989   | For ecosystem and operational use               |
| Exchange Deposits                       | 370,384,224.798   | Combined holdings across all exchanges          |
| Individual Wallets (including airdrops) | 321,991,916.961   | Community and user holdings                     |

**4. Circulating Supply (Including Foundation Holdings)**

* Total Circulating Supply : 1,160,825,184.748 FNCY
* Non-circulating (Unminted, to be burned) : 839,174,815.252 FNCY

※ The circulating supply figure is calculated based on the total on-chain minted tokens at the snapshot time, including the foundation holdings.

**5. Unminted Token Burn Plan**

* Burn Date: October 30, 2025 (UTC)
* Burn Amount: 839,174,815.252 FNCY
* Burn Address: Binance Smart Chain Dead Address\
  (0x000000000000000000000000000000000000dEaD)
* Purpose of Burn
  * Adjusting the initial circulating supply post-BEP20 migration
  * Finalizing effective circulating supply out of the 2,000,000,000 total issued tokens
  * Aligning with CMC and exchange reporting standards for circulating supply

**6. Circulating Supply Calculation Standard (Including Foundation Holdings)**

Formula: \
Circulating Supply = Total Minted Supply (at snapshot) – Burned Tokens

* Total Minted (as of snapshot): 1,160,825,184.748 FNCY
* After burning the unminted amount, this same figure will serve as the final initial circulating supply.

**7. Reference Links**

* Foundation Multisig Wallet: 0x287857149724e283ad49ffe0496259747cdaa0bb
* FNCY Token on BscScan:&#x20;
* <https://bscscan.com/token/0xf7C5031Ba52BBb0cf68Cc87172685E6fb849F62c>


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