FUEL Project Analysis — CoinW

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Research InstituteFUEL Project Analysis

1.Research Institute Commentary

Fuel is an operating system specifically designed for Ethereum Rollups. It is a high-performance Ethereum Layer 2 supported by the FuelVM, with a U.S.-based background. The token exists on both the Ethereum chain and its own Layer 2 mainnet.

  1. Investment: Backed by CoinFund, Blockchain Capital, and Fenbushi Capital, with a total funding of $80 million.
  2. Airdrop: The initial airdrop covered 200,000 wallets, showcasing a large community base.
  3. Ecosystem: Over 50 projects have already joined the ecosystem.

2.Recent Highlights

TGE (Token Generation Event)

3.Project Introduction

Fuel is an Ethereum Layer 2 project.

4.Token Utility

  1. Network Security: 
     
    1. Addresses issues in centralized block sequencing solutions, such as censorship resistance, fairness, and activity.
    2. Achieved through PoS (Proof-of-Stake) based on Tendermint consensus, allowing users to stake FUEL to enhance network security.
  2. Chain Resource Payments: 
     
    1. FUEL is used to pay for sequencer resources such as data availability, block sequencing, and inclusion.
    2. While gas fees can still be paid with ETH, FUEL will cover broader network fees.
  3. Application-Specific Sequencing & Free Transactions: 
     
    1. Empowers dApps to have greater control over transaction inclusion and sequencing.
    2. Stakers can earn rewards by binding FUEL to specific applications, enabling free transactions for users.

 

5.Tokenomics

  • Community: 20%
  • Investors: 33.1%
  • Ecosystem & R&D: 15.4% (unlocked over 24 months)
  • Contributors:
    • 48-month unlock: 9.8%
    • 24-month unlock: 6.2%

 

6.Project Highlights

None

 

7.Investors

None

 

8.Community

https://x.com/fuel_network

 

9.Special Economic Model

None

 

10.Future Outlook

 

11.Basic Information

  • Project Introduction: 
     Fuel is an operating system tailored for Ethereum Rollups, acting as a high-performance Ethereum Layer 2 supported by the FuelVM. It is a U.S.-based project, with its token existing on both the Ethereum chain and its Layer 2 mainnet. 
     
  • Token Full Name: FUEL 
     
  • Token Symbol: FUEL 
     
  • Official Website: https://fuel.network/ 
     
  • Documentation: None 
     
  • Blockchain Explorer: https://etherscan.io/token/0x675b68aa4d9c2d3bb3f0397048e62e6b7192079c 
     
  • Liquidity Information: None 
     

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CoinW Institute

2024/12/19

 

 

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