Fuse, a Layer-2 payments processing blockchain, has announced that its native token, FUSE, will soon be listed on Bitget, as per the info disclosed to Finbold on Tuesday, October 29.
The launch is expected to increase accessibility and provide additional liquidity for the token, giving crypto users a more streamlined way of engaging with the Fuse ecosystem.
FUSE token debut on Bitget
The FUSE token is set to debut on Bitget in the first week of November, after which it will be included in PoolX, Bitget’s stake-to-mine platform.
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On PoolX, users can stake FUSE to earn token rewards and help the token expand its role in the Fuse Network’s transaction infrastructure, highlighting the token’s growing importance in decentralized finance (DeFi).
In addition, the launch simplifies access for potential partners and decentralized finance (dApp) developers interested in Fuse’s Web3 payment solutions.
Fuse’s chief executive officer (CEO) Mark Smargon, stated:
“Given Bitget’s selective policy concerning the tokens it lists, we’re pleased that Fuse has reached a phase in its life cycle at which it meets this criteria. We are confident the momentum from Bitget’s listing will take the FUSE token to the next level while providing greater opportunities for rewards and earning among our growing community. The Bitget listing comes at a time when we’re gearing for major upgrades and changes that will deliver a stronger Fuse ecosystem for Web3 payments.”
Fuse Network roadmap
With daily trading volumes surpassing $10 billion and a strong presence in 100 countries, Bitget stands as a crucial platform for introducing innovative tokens like FUSE to a wide audience of investors.
Bringing FUSE to Bitget is only a part of Fuse Network’s general roadmap, which includes several initiatives meant to drive FUSE adoption and enhance scalability.
A key project is Fuse Ember, a significant upgrade that transitions Fuse to a modular architecture based on Polygon’s zero-knowledge Ethereum Virtual Machine (zkEVM) technology.
As part of the project, users can look forward to a public sale offering 50,000 node licenses to further decentralize the network and support its long-term Web3 goals.
