TEN Protocol has introduced FUSE, a novel token mechanism aimed at enhancing fairness and stability in the Web3 ecosystem. This new model is designed to prevent forced unlocks and reduce market dump cycles by implementing a demand-driven supply system. Users can choose to exit, hold, or convert tokens without being bound by forced timelines, with token supply expanding only in response to increased demand.
As a TEE-native Ethereum Layer 2 rollup, TEN Protocol seeks to eliminate MEV and improve privacy through encrypted transactions and full EVM compatibility. The FUSE model features protected positions, voluntary exits that decrease supply, and conversions that trigger buybacks and burns. Participants are required to complete an educational process to claim a Founding Member NFT. While the launch has been well-received by the community and builders in the L2 space, some skepticism about its scalability persists. TEN plans to further integrate FUSE into its encrypted L2 ecosystem.
TEN Protocol Launches FUSE to Revolutionize Tokenomics in Web3
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