Fuse Network is a blockchain platform that facilitates Web3 and decentralized finance (DeFi) applications, offering tools to streamline business payments and blockchain transactions. It is Ethereum-compatible and aims to provide scalable, low-cost solutions for developers and businesses exploring decentralized technologies. ^[1]

Overview

Fuse is an Ethereum-compatible platform that enhances Web3 accessibility for businesses and developers by streamlining payments and blockchain transactions. It supports a range of users, from Web2 businesses seeking blockchain integration to Web3-native projects. The open, decentralized network allows anyone to make transactions, run validator nodes, and build applications. As EVM-compatible, Fuse enables seamless deployment of applications from other Ethereum-based chains and offers tools like account abstraction, an SDK, and APIs for an efficient developer experience. With fast confirmation times and low transaction costs, Fuse is suited to various applications, and its native token, FUSE, supports transaction fees. The network plans to evolve into Fuse Ember, a Layer 2 platform on Polygon CDK, to provide higher throughput, lower costs, privacy enhancements, and interoperability across Polygon chains. ^[2]

Features

Fuse Bridge

The Fuse Bridge, accessible through the Fuse Console, enables fund transfers between the Fuse Network and other networks like Ethereum, Polygon, Arbitrum, Optimism, Base, BNB Chain, and Solana. It supports assets such as FUSE, USDC, USDT, and WETH. It also facilitates bridging from centralized exchanges like Binance, Coinbase, KuCoin, and Huobi Global.  Allbridge provides secure, cross-chain transfers between EVM-compatible and non-EVM blockchains, allowing users to move assets from Solana to Fuse Network. Layerswap offers low-fee, instant asset transfers across centralized exchanges, blockchains, and wallets, allowing users to bridge funds from centralized exchanges to Fuse. ^[3]

Fuse Explorer

Fuse Explorer is an open-source block explorer for Fuse Network and other chains based on Blockscout. It allows users to track blocks, accounts, balances, and token transfers and offers API access to blockchain data, enabling contract authentication and transaction tagging. Blockscout supports multichain exploration, offering tools to search and interact with multiple chains across blocks, transactions, addresses, apps, and wallets. ^[4][5]

FuseBox

FuseBox is an open-source, Wallet-as-a-Service platform on Fuse Network that utilizes Account Abstraction and complies with ERC-4337 standards. Required for application development on Fuse, it enables developers to use a Bundler to collect UserOperations and a Paymaster to cover gas fees, allowing for gasless user experiences; features are accessible via TypeScript and Dart SDKs, streamlining interaction with the Fuse blockchain without direct RPC calls or a node service provider. The FuseBox backend is built using the NestJS framework, with ERC-4337 smart contracts, a Paymaster, a Bundler, and additional NodeJS API endpoints. ^[6][7]

Charge

Charge is a non-custodial Web3 merchant bank designed for small and medium-sized businesses (SMBs) to manage crypto and fiat payments, invoice generation, and cross-border transactions. By offering transparent pricing with a flat 0.5% transaction fee, API integration with platforms like Shopify and WooCommerce, and support for multiple currencies, Charge facilitates secure, real-time transactions while providing businesses full control over assets. ^[8][9]

Charge aims to lower barriers for businesses adopting Web3, offering features like seamless crypto-fiat integration, invoicing, automated billing, and no-code solutions. This platform supports the transition from Web2 to Web3 by simplifying payments and asset management for SMBs, empowering them to engage in decentralized finance without complex installations or custodial requirements. ^[8][9]

Voltage Launchpad

Voltage Launchpad, part of Voltage Finance on the Fuse Network, is designed to facilitate DeFi project launches by providing initial liquidity, leveraging Fuse’s engaged community, and ensuring secure fundraising through smart contracts. The Launchpad allows projects to access capital and gain exposure within the Fuse ecosystem, with funding mechanisms that prioritize transparency and minimize fraud risks. Users who stake VOLT for veVOLT are rewarded with higher allocation sizes in project launches, incentivizing loyalty and active participation. Before each launch, veVOLT balances are assessed, with higher holders eligible for larger allocations, while users without veVOLT receive a lower, capped allocation. ^[10]

Governance

Fuse Network governance currently involves validators and the Fuse Foundation. Validators vote on Fuse Improvement Proposals (FIPs), each having one vote regardless of their network stake; meanwhile, the Fuse Foundation, operated by Fuse Network Limited, manages the core protocol, undistributed FUSE treasury and employs the project team to handle protocol updates, infrastructure development, and network growth initiatives. Although the project team works to enhance the network's ecosystem, adoption, and partnerships, developers can build on Fuse without their permission, reflecting Fuse's decentralized framework. ^[11]

FUSE

The Fuse Token (FUSE) serves various functions within the Fuse Network. It is used to pay transaction fees (gas) and enables lower-cost transfers as the native currency, avoiding smart contract interactions. Token holders can stake FUSE to become validators (minimum of 100,000 FUSE), participate in protocol voting based on staked or delegated FUSE, and earn rewards through staking by delegating to validators, with a 15% minimum fee paid to validators from block rewards. FUSE has a total supply of 377,576,911 tokens. ^[12]

Fuse Ember

Fuse Ember, scheduled for early 2025, is a Layer 2 solution focused on advancing business payments and scaling decentralized finance on Fuse Network through zkEVM technology, offering enhanced speed, scalability, and privacy. The rollout involves three stages: upgrading to Ethereum standards with EVM enhancements, updating tokenomics to improve validator efficiency and eliminate inflation, and incorporating zkEVM with Zero-Knowledge Proofs for added scalability, privacy, and functionality, ultimately creating a more effective environment for users, developers, and businesses. As a Layer 2 chain on Ethereum, Fuse Ember aims to boost scalability by increasing transaction throughput and reducing costs without sacrificing security. Built on Polygon CDK, it includes features such as DAC for data availability, AggLayer for cross-chain communication, and zkRollup technology to deliver efficient, secure transactions and seamless interoperability with Ethereum. ^[13][14]

stFUSE

The stFUSE revenue-sharing token is the foundation of Fuse Ember's new staking model, replacing the previous SFUSE to offer a sustainable, value-preserving experience for Fuse stakers. Unlike the old inflationary model, which affected FUSE’s long-term value, the new model generates yields from Real-World Assets (RWAs) and Liquid Staking Tokens (LSTs) on the network, sharing revenue from node sales, sequencer fees, and other network activities. Through liquid staking, rewards automatically compound, enhancing returns while allowing asset flexibility within DeFi. This model aligns network growth with staker profits by sharing project-generated fees and incorporates delegative democracy for competitive, stable governance. ^[15]

Tokenomics 2025

Launching in 2025, the rollout of Fuse Ember will be staged, with existing FUSE tokens gradually migrating to Fuse Ember’s ecosystem based on a zero-inflation, fixed supply of 420 million stFUSE tokens. The migration offers several advantages, including improved security through liquid staking and voting delegation to DA node operators, a sustainable economic model with a deflationary structure, and revenue sharing for stFUSE holders from node sales and sequencer fees. It also enables seamless DeFi and staking access and fosters community-driven governance by allowing stFUSE holders to participate in policy decisions and select DA node operators. ^[16]

Partnerships

• Polygon
• Avail
• Gelato
• Voltage
• Freedom
• SushiSwap
• Thirdweb
• LayerZero
• The Graph
• Push Protocol
• Kinnect
• Radius
• Orbiter Finance
• Palmera
• Lava
• Hyperlane
• Shimi Cash
• Kima Network
• claimr
• CoindPay
• Shoebill Finance
• Meridian Finance
• Etherspot