Fuse Joins Hands with Propel
Fuse joins hands with Propel, a global blockchain infrastructure solution platform that offers end-to-end, plug-and-play infrastructure solutions to DeFi, NFT, and Metaverse projects.
Fuse is a decentralized payments platform powered underneath by the fast and low-cost Fuse Network blockchain.
The Fuse platform has three main components:
- The Fuse Network blockchain. The EVM-compatible public blockchain is the decentralized, permissionless backbone of the Fuse platform and ecosystem.
- The mobile-centric open-source technology stack for adopting token payments. This includes the Fuse Charge API platform enabling developers to plug blockchain payments into their products.
- A set of reference decentralized finance (DeFi) products and tools. The goal of these is to pave the way for the initial adoption of the platform.
This partnership will add huge value to Propel ecosystem. Web3 payments are already a huge requirement and will remain so in the future. They are excited to learn more about Fuse and the ways in which Propel can use the platform in the future. Likewise, Fuse will also explore the possible integration of Propel infrastructure solutions.
Propel’s goal is to enable a solution ecosystem to provide a deeply customized Blockchain Infrastructure that is coding-free, fairly priced, fully-automated, and with maximum security.
$PEL is the native ERC-20 governance token of Propel. Staking, reward sharing through providing liquidity to or safeguarding the protocol, as well as governance procedures, will all use $PEL as the fundamental utility token across a portfolio of Propel products.
The token utility and tokenomics of $PEL creates with the blockchain’s community-first approach in mind. Ownership of $PEL, which may be utilized to engage in platform governance, is earned by actual participation in protocol operations and maintenance. This technique enables ecosystem alignment by allowing for community-driven governance, creating a fair incentivization model, and allowing for community-driven governance.
Check out some of our articles covered here about Fuse partners as well as some of Propel collaborations.
ABOUT Fuse Network
Fuse is a decentralized payments platform powered underneath by the fast and low-cost Fuse Network blockchain
ABOUT Propel
Propel is a global blockchain infrastructure solution platform that offers end-to-end, plug-and-play infrastructure solutions to DeFi, NFT, and Metaverse projects. Propel’s solutions are available for multiple blockchain ecosystems and include multichain capabilities.
