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Genius: Opens a five-day fee refund window - 06 Oct 2026 to 11 Oct 2026

By Exbasi Intelligence
1 min readUpdated 10/3/2026Sourced from CoinMarketCal
Genius: Opens a five-day fee refund window - 06 Oct 2026 to 11 Oct 2026
Genius opens a five-day fee refund window at 11 AM EST on October 6, 2026, running through October 11. Claimers receive 100% of their paid fees back and forfeit their Season 2 GP. All GENIUS bought back is burned, along with the unclaimable 0.945% of supply.The refund process could remove up to roughly 7% of supply, tying the potential reduction to participants giving up their Season 2 allocations. That creates a defined supply-reduction mechanism, but refund claims also signal dissatisfaction among Season 2 participants. The combination leaves the direction of any repricing uncertain: reduced supply and participant dissatisfaction carry different implications for valuation.The refund window will open on 10/06 at 11AM EST and remains open for 5 days, through 10/11 at 11AM EST.Users who claim will receive a 100% refund of the fees paid to Genius and lose their earned GP during Season 2. All bought back will be burned.

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