On May 3, layer-1 blockchain Fuse announced that it would pledge $10 million to “reinvigorate the Fuse ecosystem and drive growth in multiple areas.” The program, dubbed “Fuse Ignite,” is structured between liquid incentives and grants. As told by developers:
Upon application approval, Fuse Ignite operator grants are issued in Fuse Tokens (FUSE) and USD Coin (USDC). Operators use the Fuse Network blockchain and other tools to power payment services.