Fuse’s 2021 in Review

2021 was a breakthrough year not just for the cryptocurrency/blockchain space as a whole but also — perhaps even more so — for the Fuse platform and ecosystem.

As you can see below, it brought with it a whole range of positive developments, including:

  • enhanced decentralization of the platform (through the creation of FuseDAO and the partnership with Pocket Network);
  • first centralized exchange listings (including Gate.io, MEXC and Bittrex);
  • the growth of usage of the platform and its native token FUSE;
  • the launches of of new major products and tools (including Fuse Cash, Fuse-Binance Smart Chain bridge, etc.);
  • continued progress of payment-focused ecosystem projects (including GoodDollar, Peepl and Kolektivo);
  • fast expansion of the DeFi ecosystem;
  • the emergence of NFTs on Fuse, and
  • an array of major partnerships and integrations with leading players in the crypto/blockchain space.

Let us dive right in to see what we have been up to, shall we?

KEY METRICS GROWTH

JANUARY

  • Applications are opened to the Fuse Spartans ambassador program.
  • A major Fuse Studio update is released with several major features added, including the minting of tokens on Fuse Network.
  • Publicly available analytics are added to FuseSwap (currently FuseFi DEX).
  • Fuse partners with Dapp.com, a leading DApp data aggregator.

FEBRUARY

  • Fuse announces a strategic partnership with Pocket Network to strengthen the network of Fuse’s full nodes and the connectivity with the platform.
  • Fuse ecosystem project Kolektivo announces the upcoming launch of the CuraDAI currency and payment system on Fuse for the island of Curaçao.
  • Fuse partners with Orion Protocol to deploy its Liquidity Boost plugin for higher DEX liquidity.
  • Bug bounty program for critical vulnerabilities is announced in collaboration with Immunefi.

MARCH

APRIL

  • Fuse announces a partnership with eMoney to bring its euro-pegged stablecoins to the Fuse ecosystem.
  • A two-way bridge between Fuse and Binance Smart Chain is opened on FuseSwap (currently, FuseFi).
  • Fuse partners with Krystal to facilitate user access to the broader DeFi space through the Krystal app.

MAY

  • Fuse partners with Ola Finance to launch the first decentralized lending network on Fuse and make the Ola protocol available for creating other custom lending networks.
  • Fuse launches Fuse Cash, a user-friendly consumer-facing wallet and gateway to DeFi built on the Fuse Wallet technology.
  • Ramp Network introduces full fiat on-ramp support for FuseDollar (fUSD) deposits to Fuse Network.
  • Fuse activates the first liquidity rewards program on PancakeSwap.

JUNE

JULY

  • Fuse’s native token FUSE is listed on the first centralized exchange Gate.io.
  • Fuse partners with ICHI to launch the oneFUSE hybrid stablecoin for the Fuse community.
  • Pocket Network activates the official support for Fuse Network by its nodes.

AUGUST

SEPTEMBER

  • Fuse introduces a major new ecosystem project, the Flambu sharing economy platform on Fuse.
  • Fuse announces a token swap with Pocket Network.
  • Fuse Cash V2 is released bringing a new user interface and a yield earning program for fUSD depositors.

OCTOBER

NOVEMBER

DECEMBER

  • All-in-one Fuse-native DeFi platform FuseFi announces a successful private raise and the upcoming launch of a decentralized autonomous organization (DAO).
  • Elk Finance cross-chain value transfer protocol integrates Fuse Network and launches Elk DEX on Fuse.
  • Gnosis Safe smart contracts are deployed on Fuse together with an interface enabling the creation and management of Gnosis multisig vaults.
  • Leading decentralized application aggregator DappRadar starts tracking and ranking Fuse Network DApps.
  • The eToro-backed Fuse ecosystem project GoodDollar launches V2.
  • The formation of FuseDAO, an independent DAO formed by Fuse Assembly to enhance ecosystem development, is announced.
  • The Chainport blockchain interoperability platform adds Fuse Network support to its multichain bridge.
  • Fiberblock launches Artrific, the first general-purpose NFT minting and marketplace platform on Fuse Network.

We hope that 2022 will be even more successful for the Fuse platform and ecosystem than 2021, and then you will accompany us on the journey!

Stay tuned for a message from our CEO Mark Smargon and the 2022 roadmap article that will be soon available in this space.

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