Fuse, a popular L2 for businesses, has announced the start of the ‘Ember Node Sale.’ The presale’s launch denotes the Fuse ecosystem’s transition into the next phase of its advancement venture.
The platform is conducting this presale in collaboration with its prominent partners including Blockchain Founders Fund, TRGC, Spark, Tectona, and Collider Ventures. Moreover, following this announcement, a public sale will also take place. This will permit the platform’s community to obtain nodes as well as take part in validation and network governance.
Fuse Starts ‘Ember Node Sale’ While Preparing for L2 Relaunch
The exclusive “Ember Node Sale” of Fuse is included in the platform’s major plan to relaunch its network. After that, for the community, the platform will carry out a public sale. Subsequently, the platform has planned the launch of the Fuse testnet, taking into account the exclusive Ember nodes. Hence, this will cover the deployment of the Fuse nodes on the latest L2 network.
At the moment, the respective network is going through its development phase, leveraging the Polygon zkEVM CDK for the provision of Visa-level throughput. Fuse labels this node sale as a section of the wider strategy to reform the network. For this purpose, it is endeavoring to enhance governance structure and tokenomics before the latest Fuse L2 migration and launch.
The overhauled token model focuses on offering 30% of the transfer fees on the network to node operators. Additionally, they will also get a share in the reward pool of $42M, with 20M allocated to be released in the initial year.
Relaunch Will Bring an Exclusive Tokenomic Model with a Supply Cap of 400 $FUSE
According to Fuse, the ecosystem will launch with a unique tokenomic model including a supply capitalization of 400M $FUSE. Keeping this in view, the Ember Node Sale delivers a fine opportunity for the community to capitalize on the exclusive payments network. The impending migration to the latest L2 network will reportedly take place in April.
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