Fuse has announced a significant update to expand its ecosystem and speed up the adoption of new technologies for developing financial services and payment applications with enhanced scalability.
Fuse Ember
The multi-stage network and ecosystem upgrade that Fuse has proposed is named Fuse Ember. In the first phase, Fuse will update to the latest EVM version via the London Hard Fork to integrate new standards and functionality. The second phase will focus on improving the network's tokenomics by raising the maximum staking barrier, which will provide greater stability for validators.
Revised Tokenomics
In the third phase, Fuse plans to eliminate token inflation to provide long-term incentives. The native tokenomics will also be updated due to the move to zkEVM, making it easier for developers to create applications for private and confidential transactions. These applications can be used across various sectors, including DeFi, corporate use, and healthcare. The primary advantage of transitioning to zkEVM is the more efficient allocation of blockchain resources, enabling more transactions to be processed faster and cheaper without sacrificing decentralization.
Community Node Sale
The Fuse roadmap also includes additional milestones related to Fuse Ember, such as a node sale where 50,000 node licenses represented as NFTs will be made available. Node operators will have the ability to assign NFTs to holders who choose not to manage a node directly. The company plans to deploy zkEVM, update its tokenomics, and launch new yield-generating products for Fuse users by the end of the year and into early 2025.
With its redesigned roadmap, Fuse will be well-positioned as a highly adaptable and efficient L2 supporting DeFi, payments, and other use cases while maintaining a close connection with the broader EVM ecosystem.
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