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Overview

Fuseon uses FUS as a utility token and veFUS as governance token.

FUS (Fuseon) is used for rewarding liquidity providers through emissions. veFUS (vote-escrowed FUS) is used for governance. Any FUS holder can vote-escrow their tokens for up to 4 years and receive a veFUS NFT in the protocol

Core Mechanics​

The protocol is designed to enable token swaps and generate fees (from Traders) by attracting liquidity on the Plasma blockchain.

Every epoch liquidity providers (LPs) receive FUS token emissions proportionally to the votes the pools accumulate. Only staked (in the protocol gauges) liquidity receives emissions.

Participants can lock their FUS to be able to vote on the next epoch distribution of emissions, becoming veFUS Voters. veFUS Voters are rewarded (proportionally to locked amounts) for their votes with 100% of the protocol trading fees from the previous epoch and any additional voter incentives from the current epoch.

Protocols on Plasma looking to incentivize liquidity can incentivize veFUS voters (i.e., deposit token rewards for voters of a pool) and accumulate veFUS to vote directly.