Tel-Aviv, Israel, February 11th, 2025,
Chainwire
Fuse has announced the start of its Ember Node Sale with support
from a number of leading partners. Set to commence on February 11
at 5pm UTC, the presale was fully subscribed and major backers
including Collider Ventures, Tectona, Spark, TRGC, and Blockchain
Founders Fund will have an opportunity to participate.
Following completion of the node presale, a public sale will
follow enabling the Fuse community to acquire nodes and participate
in network governance and validation. The Fuse testnet, featuring
the new Ember nodes, is then scheduled to go live shortly
afterward. Fuse nodes will subsequently be deployed on the new L2
network, which is being developed using the Polygon zkEVM CDK to
deliver Visa-level throughput.
The Fuse node sale is part of a major strategy to revamp the
network with the goal of improving its tokenomics and governance
structure ahead of the new Fuse L2 launch and migration. The
revamped token model will see node operators receive 30% of all
transaction fees generated on the network and share in a 42M $FUSE
rewards pool, 20M of which will be issued in the first year.
Fuse has partnered with NodeOps to implement the Ember Node
Sale, enabling a broad range of professional node operators and
investors to help secure its network, earn rewards, and contribute
to governance without requiring extensive technical expertise.
NodeOps will simplify node participation through its
Node-as-a-Service (NaaS) platform, which supports one-click
deployment, automated updates, and 100% uptime guarantees.
The network will go live with a new tokenomic model in place
including a 400M $FUSE supply cap. Quicknode, one of the largest
web3 cloud providers, has joined as a strategic partner and will
integrate Fuse’s L2 into all its services.
The Ember Node Sale gives the Fuse community an opportunity to
stake their claim in the new payments network that Fuse is creating
and to share in its growth. Pricing starts at $315 per node,
increasing in tiers up to $2,500, with the first tier exclusively
available to $FUSE holders.
Fuse is on course to start migrating to its new L2 network from
April, when a $FUSE token swap will also be conducted on a 1:1
basis for the benefit of all current holders. Fuse will then start
growing its ecosystem with the goal of onboarding DeFi protocols
and more infrastructure providers, to become the preeminent web3
network for scalable and private stablecoin payments.
About Fuse
Fuse is a layer 2 blockchain that offers fast, cheap, and
borderless payments with stablecoins and DeFi building blocks. It
enables businesses to build, integrate, and use blockchain
technology to enhance mobile, e-commerce, loyalty, and branded
stablecoins.
Learn more: https://www.fuse.io
Contact
Kim
Bazak
MarketAcross
kim@marketacross.com