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Fuse Token

FUSE utilities

  • Transaction fees: Being the native currency on the Fuse Network blockchain, users must pay fees in FUSE to approve transactions.
  • Validation: Token holders can stake FUSE to become a validator. The minimal staking requirement is 100K FUSE. While the network is continuously growing, currently, there are 60+ validators.
  • Voting: Validators vote on protocol changes with their staked FUSE and with the tokens delegated to them by stakers. This means validators with higher amounts of Fuse staked can have a more significant vote on network upgrades and governance changes.
  • Staking (for delegators): Any FUSE holder can choose one or more validators to delegate any amount they wish. They receive a share of the Fuse block rewards proportionate to the share of their stake in the total stake, minus the minimum 15% fee paid to the validator(s).
  • Payments: As FUSE is the native currency on Fuse Network, sending it does not require interactions with smart contracts. Thus, FUSE transfers are potentially faster and less costly regarding transaction fees.
IMPORTANT

Merely possessing any amount of FUSE tokens does not grant holders any rights to participate in the governance of the Fuse Network platform or any revenue streams related to its real-world performance.

Getting FUSE

Where to Buy?

FUSE is available on several centralized (CEX) and decentralized DEX exchanges.

Centralized exchanges: Gate.io, Huobi Global, MEXC Global, AscendEX, Bimart, and Bittrex Global.

DEXes: Uniswap V2 and V3 (Ethereum), PancakeSwap (Binance Smart Chain), Quickswap (Polygon), Voltage DEX (Fuse), Sushiswap (Fuse), 1inch (Ethereum), KyberSwap (Ethereum), Loopring (Ethereum).

The best information about FUSE trading volumes and prices on various exchanges can be found on the FUSE token CoinMarketCap page.

Yield Farming

Currently, the project team occasionally uses the FUSE token to power liquidity rewards (yield farming) programs to boost liquidity on DEXes and participation in the Fuse Lending Network.

The ongoing liquidity rewards programs on DEXes can be discovered here.

Other ways of getting FUSE

From time to time, the Fuse team uses FUSE to reward community members for various forms of participation and community engagement. Following Fuse's social channels is the best way to stay up-to-date about these opportunities.

The FUSE token is also used to power Fuse grants and bounties. Please consult the Grants and Bounties section for more details.