Fusion ($FSN) joins as BEPSwap Launch Partner
Fusion, a project to enable financial services, is joining the BEPSwap Platform to provide liquidity to FSN token holders.
BEPSwap
BEPSwap was announced on 10th of July 2019 as a new way to swap and stake BEP2 assets.
BEPSwap will allow any BNB or BEP2 holder to swap BEP2 tokens at market prices — instantly from their wallet. They do this by sending their tokens into pools containing liquidity, which performs the swap instantly based on the ratio of assets in the pool.
This means anyone can maintain the liquidity of the pool and be incentivised to ensure it matches fair market price. This pool becomes a source of a trustless on-chain price feed, free from manipulation because no one can move the price without the market reacting.
FUSION
Fusion is a connected ecosystem for financial transactions, powering the next wave of financial innovation on the blockchain. Fusion has three pillars of innovation:
1) AN ECOSYSTEM OF ECONOMIES
Fusion’s cutting-edge interoperability solution ensures that Fusion is the most connected ecosystem in the cryptocurrency landscape.
2) MONETIZE TIME-VALUE OF DIGITAL ASSETS
Fusion’s unique Time-Lock feature enables users to extract time-value out of digital assets and easily model time-based transaction on the blockchain.
3) EASY TO BUILD
Jumpstart application development with a rich set of APIs geared to finance. Create, swap, extract time-value and more from digital assets without the requirement to program complex smart contracts.
FSN Token
The FSN token powers the Proof of Stake network security of the Fusion Blockchain and ensures liquidity to users and assets.
Fusion on BEPSwap
Fusion is powered by the $FSN token which requires deep liquidity in order to be useable across the network. For this reason Fusion listed on the Binance DEX which allows decentralised finance across blockchains. The FSN-BEP2 token allows access to the Binance Chain ecosystem.
By joining BEPSwap, Fusion will be able to experiment and test decentralised liquidity concepts, as well as securing a trustless price feed for the FSN token, and provide liquidity for FSN-BEP2 token holders.
Fusion will also closely collaborate with the THORChain team on bridging technology since there are a lot of challenges to solve that will benefit both projects.
Additional benefits include:
- THORChain will acquire off the market FSN tokens between now and the launch in order to bootstrap the FSN pool.
- THORChain and Fusion will work together to promote the ecosystem.
- Fusion will be able to stake some parts of their treasury into the pool to offer even more liquidity to token holders.
- FSN token holders will be able to stake FSN tokens in order to earn on trade commissions every day.
BEPSwap is scheduled for public beta in 4–6 weeks.
Fusion Update
Fusion has completed a number of key milestones recently, summaries below:
- Fusion Foundation Partners with Inwedo to Support Application Development on the Fusion blockchain.
- Fusion to Participate in New Round Of Huobi FastTrack Voting
- Bridge to Swap ERC20 FSN to BEP2 FSN for Binance DEX
- Paxos Standard Token (PAX) Set to be the First Token Made Available on the Fusion Asset Gateway.
Follow Fusion
Telegram: FUSIONFoundation
Medium: FUSION Foundation
Twitter: FUSIONProtocol
Reddit: FusionFoundation
THORChain Update
THORChain team just released the BEPSwap tutorial where users can learn about swapping, staking and trading across liquidity pools:
To keep up to date with the upcoming Public Alpha, please monitor community channels, particularly Telegram and Twitter:
- Twitter: https://twitter.com/thorchain_org
- Telegram Community: https://t.me/thorchain_org
- Telegram Announcements: https://t.me/thorchain
- Reddit: https://reddit.com/r/thorchain
- Github: https://github.com/thorchain
- Medium: https://medium.com/thorchain
