Fuse Launches Ember Node Presale Ahead of L2 Launch and Tokenomics Overhaul
- In preparation for the new Fuse L2 launch and migration, the sale of Fuse nodes is a significant component of a larger plan.
- In order to facilitate the implementation of the Ember Node Sale, Fuse has formed a partnership with NodeOps.
An announcement has been made by Fuse on the beginning of its Ember Node Sale, which will be supported by a number of renowned partners. The presale, which is slated to start on February 11 at 5 p.m. UTC, has been completely subscribed, and significant supporters such as Collider Ventures, Tectona, Spark, TRGC, and Blockchain Founders Fund will have the an opportunity to take part in it.
Following the conclusion of the node presale, a public sale will follow, which will make it possible for members of the Fuse community to purchase nodes and take part in the governance and validation of the network. Immediately after that, the Fuse testnet, which will include the newly added Ember nodes, is slated to go live shortly. The new L2 network, which is now being developed with the Polygon zkEVM CDK in order to offer Visa-level throughput, will thereafter have fuse nodes deployed on it.
In preparation for the new Fuse L2 launch and migration, the sale of Fuse nodes is a significant component of a larger plan to revamp the network. The objective of this plan is to enhance the network’s governance structure and tokenomics. Node operators will get thirty percent of all transaction fees produced on the network as part of the redesigned token model. Additionally, they will have a portion in a 42M $FUSE rewards pool, 20M of which will be issued in the first year.
In order to facilitate the implementation of the Ember Node Sale, Fuse has formed a partnership with NodeOps. This partnership makes it possible for a wide variety of professional node operators and investors to assist in securing the network, earn rewards, and contribute to governance without the need for substantial technical skills. Through its Node-as-a-Service (NaaS) platform, which offers one-click deployment, automatic updates, and 100% uptime guarantees, NodeOps will make it easier for nodes to participate in the network.
A whole new tokenomic model, which will include a supply limit of 400 million $FUSE, will be implemented before the network goes live. Quicknode, which is one of the major suppliers of web3 cloud services, has become a strategic partner of Fuse and will integrate Fuse’s L2 into all of its services.
Through the Ember Node Sale, members of the Fuse community will have the chance to express their interest in the new payments network that Fuse is developing and to participate in the expansion of this network. The starting price for each node is $315, and it goes up to $2,500 in subsequent levels. The first tier is only accessible to those who have $FUSE in their holdings.
The migration of Fuse to its new L2 network is scheduled to begin in April, at which time a $FUSE token swap will also be carried out on a 1:1 basis for the benefit of all holders who are currently in possession of the tokens. After that, Fuse will begin expanding its ecosystem with the intention of including DeFi protocols and more infrastructure providers in order to become the leading web3 network for scalable and private stablecoin payments.
Fuse is a layer 2 blockchain that enables payments to be made quickly, inexpensively, and without borders using stablecoins and DeFi building blocks. It makes it possible for companies to build, integrate, and make use of blockchain technology in order to improve mobile, e-commerce, loyalty, and branded stablecoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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