In an important milestone, leading payments and decentralized finance (DeFi) blockchain player, Fuse Network, announces the listing of its native token FUSE on FEGex decentralized exchange (DEX).
FEGex is the multi-chain AMM-based DEX of the FEG Token (FEG) decentralized finance (DeFi) project. It currently runs on Ethereum Mainnet and Binance Smart Chain. The innovative DeFi platform is striving to make the opportunities that the cryptocurrency space provides more accessible to ordinary users.
Among the features it offers, in addition to FEGex, are fWrapping of assets, Smart DeFi functionality for issuing new assets backed by fWrapped assets, and the FEGtrack portfolio tracking tool. The project’s ecosystem is powered by the FEG protocol and governance token.
FUSE has been listed on FEGex on Binance Smart Chain and it has been added to the exchange’s default token list. The first FEGex FUSE trading pool is FUSE-BNB.
Commenting on this milestone, Fuse Network CEO Mark Smargon said, “FEG is one of the most innovative DeFi projects, with a vibrant ecosystem on Binance Smart Chain, in particular, and there is a lot of similarity between our projects’ visions for DeFi. The listing of our native FUSE token on FEGex represents an opportunity to raise Fuse’s profile in the DeFi space.”
Rewards for liquidity providers
The Fuse foundation has promised attractive opportunities for yield farmers to earn Fuse Token by providing liquidity to the trading pool. Liquidity providers can go to rewards.fuse.io to check yield and stake LP tokens.
For more information join the Fuse community Telegram group.
About Fuse
Fuse Network is a project and ecosystem featuring a fast and low-cost, Ethereum-compatible blockchain and a robust plug-and-play mobile-centric cryptocurrency payment infrastructure.
About FEG Token
FEG Token is redesigning the way decentralized finance (DeFi) is structured. FEG Token is focused on reshaping and evolving how DeFi works completely while delivering the most robust ecosystem ever designed for DeFi’s much-needed advancements.
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