🔥 Ember Nodes Sale: Fuse’s L2 Expansion Ignites! 💥

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Fuse network’s evolution into a high-speed L2 capable of supporting Visa-level transactions per second is a major step closer to reality with the commencement of its node sale. The Ember Node Sale gives community members – and partners – an opportunity to acquire rights to run the software that will validate economic activity on the new-look Fuse Layer 2.

The presale, fully subscribed before its launch on February 11, has attracted participation from prominent backers including Collider Ventures, Tectona, Spark, TRGC, and Blockchain Founders Fund. It’s the presage to the public component of the node sale, during which everyone will have an opportunity to acquire a node and earn $FUSE rewards that will be emitted as part of the revised tokenomic structure.

Ember Sparks Life Into Fuse

Fuse is confident that its revitalized network, operating as a L2, will provide the foundation for a more scalable and efficient network that will power the future of stablecoin payments and decentralized finance. At the heart of Fuse’s transformation is the high throughput chain developed using Polygon’s zkEVM CDK.

Following the successful node presale, which is a formality given that its participants have already been confirmed, a public sale will complete the process, giving the broader Fuse community an opportunity to acquire nodes and participate in network validation and governance. Shortly after, the testnet will go live, featuring the newly deployed Ember nodes and setting the stage for Fuse’s next-generation L2 rollout.

Same Ticker, Different Token

One of the most significant changes accompanying the L2 relaunch is Fuse’s restructured token economy. Under the new model, node operators will receive 30% of all transaction fees generated on the network. A 42 million $FUSE rewards pool will be distributed to node operators, with 20 million allocated in the first year.

A hard cap of 400 million $FUSE tokens is also going to be implemented, creating a more sustainable and predictable token supply. By optimizing incentives for node operators and adding decentralized governance, Fuse aims to create a secure and high-performance network that rewards active participants. A token swap will also be conducted on a 1:1 basis, giving $FUSE holders their new L2 tokens – same ticker, but different token.

Simplifying Node Deployment With NodeOps

To drive down the barriers to participation, Fuse has partnered with NodeOps, a leading Node-as-a-Service provider. Through automated deployment, NodeOps eliminates technical barriers, allowing a wide range of users to play their part in securing the network, earn rewards, and contribute to governance without requiring extensive blockchain expertise.

Additionally, QuickNode, one of the largest web3 cloud infrastructure providers, has joined as a strategic partner, ensuring that Fuse’s L2 network will be fully integrated across QuickNode’s suite of blockchain services. This will make it easy for DeFi dapps to access onchain data from Fuse for things like stablecoin payments and B2B transfers.

Fuse is confident that the Ember Node Sale and subsequent L2 launch marks the start of a new chapter that will redefine digital payments and allow as many community members as possible to play a part in everything that comes next.

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2025-02-11 20:46