Fuse Lights the Way for L2 Expansion With Ember Node Presale for Ecosystem Partners

Fuse network is on the verge of transforming into a high-speed Layer 2 solution, capable of handling transactions at a rate comparable to Visa, as its node sale kicks off. The Ember Node Sale provides community members and partners the chance to secure rights to operate the software essential for validating economic activities on the revamped Fuse Layer 2. 

The presale, fully subscribed even before its official launch on February 11, has drawn interest from influential supporters such as Collider Ventures, Tectona, Spark, TRGC, and Blockchain Founders Fund. It serves as a precursor to the public phase of the node sale, where anyone can obtain a node and earn $FUSE rewards, which are part of the updated tokenomics.

Ember Breathes New Life Into Fuse

Fuse anticipates that its upgraded network, functioning as a Layer 2, will lay the groundwork for a more scalable and efficient system that will drive the future of stablecoin payments and decentralized finance. Central to Fuse's evolution is the high-throughput chain crafted using Polygon’s zkEVM CDK.

With the successful completion of the node presale, a formality given the pre-confirmed participants, a public sale will finalize the process, inviting the wider Fuse community to obtain nodes and engage in network validation and governance. Shortly thereafter, the testnet will launch, showcasing the newly implemented Ember nodes and paving the way for Fuse’s advanced L2 deployment.

Same Symbol, New Token

A pivotal change with the L2 relaunch is Fuse's revamped token economy. In this new framework, node operators will earn 30% of all transaction fees generated across the network. A rewards pool of 42 million $FUSE will be distributed to node operators, with 20 million earmarked for the first year.

A hard cap of 400 million $FUSE tokens will be introduced, fostering a more sustainable and predictable token supply. By enhancing incentives for node operators and embedding decentralized governance, Fuse aims to establish a secure and high-performance network that benefits active participants. Additionally, a token swap will occur on a 1:1 basis, providing $FUSE holders with new L2 tokens – retaining the same symbol but introducing a different token.

Making Node Deployment Easy With NodeOps

To lower participation barriers, Fuse has teamed up with NodeOps, a prominent Node-as-a-Service provider. NodeOps simplifies deployment through automation, removing technical obstacles and enabling a diverse group of users to help secure the network, earn rewards, and engage in governance without needing extensive blockchain knowledge.

Moreover, QuickNode, a major web3 cloud infrastructure provider, has joined as a strategic partner, ensuring that Fuse’s L2 network will be seamlessly integrated across QuickNode’s array of blockchain services. This will facilitate easy access for DeFi dapps to onchain data from Fuse for applications like stablecoin payments and B2B transfers.

Fuse is optimistic that the Ember Node Sale and subsequent L2 launch herald a new era, transforming digital payments and enabling as many community members as possible to take part in the upcoming developments.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.