Fuse has announced the launch of its Ember Node Sale with support from a number of leading partners.
In a press release shared with Cryptowisser, the team said the presale commences today at 5 pm UTC. It was fully subscribed, and major backers, including Collider Ventures, Tectona, Spark, TRGC, and Blockchain Founders Fund, will be able to participate.
Once the node presale ends, a public sale will follow, enabling the Fuse community to acquire nodes and participate in network governance and validation. Shortly afterward, the Fuse testnet, featuring the new Ember nodes, is scheduled to go live. Fuse nodes will subsequently be deployed on the new L2 network, which is being developed using the Polygon zkEVM CDK to deliver Visa-level throughput.
According to the team, the node sale is part of a major strategy to revamp the network to improve its tokenomics and governance structure ahead of the new Fuse L2 launch and migration. The revamped token model will see node operators receive 30% of all transaction fees generated on the network and share in a 42M $FUSE rewards pool, 20M of which will be issued in the first year.
Fuse added that it had partnered with NodeOps to implement the Ember Node Sale. The partnership will enable a broad range of professional node operators and investors to help secure the Fuse network, earn rewards, and contribute to governance without requiring extensive technical expertise. NodeOps will simplify node participation through its Node-as-a-Service (NaaS) platform, which supports one-click deployment, automated updates, and 100% uptime guarantees.
The Fuse network will go live with a new tokenomics model in place, including a 400M $FUSE supply cap. Quicknode, one of the largest web3 cloud providers, has joined as a strategic partner and will integrate Fuse’s L2 into all its services.
The Ember Node Sale will empower the Fuse community to stake their claim in the new payments network that Fuse is creating and to share in its growth. Pricing starts at $315 per node, increasing in tiers up to $2,500, with the first tier exclusively available to $FUSE holders.
Fuse will migrate to its new L2 network by April, when a 1:1 swap of $ FUSE tokens will benefit all current holders. Once the migration is complete, Fuse will focus on growing its ecosystem by onboarding DeFi protocols and more infrastructure providers.
Fuse is a layer-2 blockchain that offers fast, cheap, and borderless payments with stablecoins and DeFi building blocks. It enables businesses to build, integrate, and use blockchain technology to enhance mobile, e-commerce, loyalty, and branded stablecoins.