Key highlights:
- FUSE token will be listed on Bitget in early November, followed by integration with Bitget’s PoolX staking platform.
- PoolX integration enables staking opportunities for users to earn rewards, enhancing the utility of FUSE.
- Fuse Network is preparing major upgrades, including a transition to zkEVM-based modular architecture for improved scalability.
Listing on Bitget to Boost Fuse’s Reach and User Engagement
Fuse Network has announced that its native token, FUSE, will soon be available on Bitget, one of the best crypto futures trading platforms and one of the world’s leading crypto exchanges in general. The FUSE token listing is set for the first week of November, and it marks a significant step in expanding Fuse’s ecosystem by improving token liquidity and accessibility for users globally.
This listing will also see FUSE added to Bitget’s PoolX, a staking platform that offers users an opportunity to stake assets and receive token rewards. By adding staking capabilities, Fuse Network aims to enhance FUSE token utility and provide its users with new ways to earn rewards, which aligns with its mission to offer effective Web3 payment solutions.
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Growing Momentum and Community Access
Mark Smargon, CEO of Fuse, noted that Bitget’s selective listing process underscores Fuse Network’s growth and readiness for this stage of wider adoption:
“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.”
Bitget, which we covered extensively in our Bitget review, boasts a daily trading volume exceeding $10 billion and serves a user base of over 45 million across 100 countries. With this reach, the platform offers significant exposure for FUSE and provides the liquidity needed to attract both prospective Fuse partners and dApp developers.
Bitget Listing Aligns with Fuse Network’s Roadmap and Transition
The announcement of FUSE’s listing comes on the heels of Fuse Network’s recent roadmap updates, which detail initiatives to boost adoption and scalability. A significant aspect of this roadmap is the planned transition to a modular blockchain architecture through Fuse Ember, an initiative built on Polygon’s zkEVM technology. This shift aims to enhance the platform’s performance while facilitating broader adoption, underscoring Fuse’s focus on scalable solutions. The Fuse Ember upgrade also includes a public sale for 50,000 node licenses to expand its network of validators.
The bottom line
With Bitget’s upcoming listing of FUSE, Fuse Network is poised to increase its user engagement and broaden access to its ecosystem. The integration with Bitget’s PoolX staking feature adds further incentive for user participation, and upcoming technological updates suggest a strengthened infrastructure for delivering Web3 payment solutions. The Bitget listing represents a pivotal point in Fuse’s growth trajectory as it works to expand its global footprint.
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Source: https://coincodex.com/article/51486/fuse-token-bitget-listing/