Fuse announces a new funding program to reinvigorate the Fuse ecosystem and drive growth in multiple areas over the next innovation cycle.
With a budget of over $10M, the program offers incentives to attract and retain top talent, promote growth, and foster a strong sense of community within the Fuse ecosystem.
The program is structured around two main areas: liquidity incentives and grants. Fuse hopes to drive innovation, promote growth, and create a thriving ecosystem by focusing on these areas. Teams can apply for grants of between $5,000 and $25,000, depending on the focus of their project or service. DeFi projects can apply for incentives designed to boost liquidity and general user activity when deploying on Fuse Network.
The launch of Fuse Ignite coincides with the upcoming deployment of a launchpad on Voltage Finance which aims to be the go-to solution for new tokens looking to join the Fuse ecosystem. The platform will enable users to participate in ecosystem growth by staking their VOLT tokens and engaging in various phases of the token launch.
The platform offers users, issuers, and the Fuse ecosystem advantages, including efficient price discovery, fair distribution, transparency, liquidity provision, and incentivized participation. In addition, users can earn substantial profits and bonus tokens during the launch process. Beyond the launch period, issuers or protocols can contribute additional tokens as liquidity incentives through the Voltage Finance double reward farms.