[ANN][DEFI] [FSN] FUSION - [ANY] ANYSWAP - [CHNG] CHAINGE

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Fusion (FSN) Included in the Report of the European Central Bank

The European Central Bank’s 2020 report (dated December) points to the urgent need for cryptocurrency to be introduced into everyday life.  2021 is a year of global changes in the economy of the whole world.

The ECB is investigating issuing a digital Euro and a recent report suggests they are looking at the Defi space in depth highlighting the importance of Fusion technology.
The Fusion blockchain is a solution to the post Covid19  recovery of the world economy.

With the beginning of legislative regulation of the cryptocurrency market, state and private banks are also testing their own stable coins (CBDC)  Fusion is therefore poised as a key link in digital finance as its technology connects the entire cryptocurrency economy, this makes Fusion blockchain ideal at the government and banking levels.

Fusion is a decentralized and open-source blockchain that offers users an ecosystem for converting cryptocurrencies and stable coins without using exchange platforms. The technology eliminates intermediaries in the financial process.

The Fusion network is protected by 97 validators and most recently the blockchain has crossed 10 million transactions on the network. The transaction fee is around $ 0.001552.

Using the unique features of its technology Fusion has combined blockchains and ensured their mutual integration, eliminating once and for all the existing problems of blockchains – the complexity of interaction and isolation. Hundreds of platforms are developing almost separately and require interconnection to allow the full potential of the digital finance revolution to be realized.

The report of the Central Bank of Europe states:

“Fusion aims to connect different DLTs by means of a common public blockchain using Decentralized Control Rights Management (DCRM) – an open-source interoperable solution that offers a decentralized custodian model (cross-chain and cross-system). where assets are held and transferred on behalf of the user across heterogeneous chains. The DCRM is to offer a hot wallet liquidity with cold wallet security, a key recovery system and, a settlement network, as well as an option of introducing protection requiring multiple approvals in case of both workflow on-chain or off-chain.”

Fusion is positioned as a turnkey solution for global finance. The Fusion ecosystem is evolving rapidly and new projects are joining the DCRM alliance and launching decentralized applications on the platform such as the Anyswap decentralized cross-chain exchange. Anyswap currently supports multiple blockchains (Fusion, Ethereum, Binance Smart Chain, Huobi, Fantom).

During the first round of funding from the Binance Accelerator Fund decentralized exchange Anyswap received funding.

The full-fledged launch of the acclaimed project Chainge Finance on the Fusion blockchain is scheduled for the spring of 2021. Chainge Finance will open access to the world of decentralized finance for absolutely everyone.

CHNG tokens are only distributed for free, exclusively to real people. Exactly a month has passed since the start of the free distribution of Chainge Finance tokens. There are currently about 300,000 real people on the waiting list for the Chinge Finance app.  

On February 9, 2021, the Chainge Finance decentralized financial platform opened deposits with an annual interest rate in Bitcoin (8.32%) and USDT (Tether 16.18%).

Entering the world of digital finance with Fusion.

LINK

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Fusion Protocol is Chainge Ready

There are more than a few reasons why Fusion protocol will flourish in this new phase of decentralised finance or DeFi as it is popularly known as today. Many projects will be consolidating their value proposition trying to sway investors looking for the next 100x coin to bring a reversal of fortune in this climate wrought with financial hardships resulting from the economic downturn and global corona virus pandemic.

Fusion has certainly risen from the ashes, even if it has not really grown to the behemoth potential die-hard Fusionites believe it can. A 5x gain in the last couple of months is the very least we can expect in terms of a price point worthy of a coin with such a low market cap coin with a meagre 67 Million circulating supply.

What’s next for Fusion?

If I was to choose a cheeky heading for this sub-section that really summed up old time investor frustration with this project, I could have aptly themed it “When Moon?” Many believe a token or coin’s mainstream introduction is buoyed by listing on a well recognised exchange like Coinbase or Binance. It is often considered a right of passage for any project of note, as listing on a massive centralised exchange means opening up to a new frontier of hodlers, investors traders and watchers who in-turn key into the FOMO hype machine.
Many in the Fusion community have been frustrated with lack of movement in this area of recognition, but it is not for want of trying. In June 2018 Fusion submitted the first of its three applications to list on Binance CEX fulfilling its due diligence mandate and joining the Binance program of community coin of the month as one of seven nominees in a democratic voting process invoked by Binance. Following the vote Fusion came second as Pundi X won out against Fusion and other projects including Arcblock, Bytom, Dock, Havven, Oyster and Ravencoin.
Fast-forward to August 2019 and Fusion again applied; successfully completing due diligence requirements for a Binance listing and was duly selected to be listed on Binance DEX. With Fusion community contributions FSN achieved one of the highest trading volumes on the Binance DEX, however this did not translate to a listing on Binance Centralised Exchange.

Binance DEX Listing July 22 2019

In November 2020, Fusion once again rallied for a listing, submitting yet another application again to Binance. As we wait for big news on the listing front, investors can rest assured that it is not a case of if, but when. Look no further than what Fusion brings to the DeFi playing field then ask yourself if Fusion shouldn’t be a mainstay in the game.

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What Fusion brings.

Fusion was billed in early 2018 as an infrastructure protocol set to underpin cryptocurrency finance. This was in an era where many other projects were simply putting forward utility use-cases to decentralise existing industry processes or provide a DLT implementation of an existing software-as-a-service offering. This, while a few others were making a case for increased throughput in transactions per second over Bitcoin or Ethereum. The DeFi and interoperability space for blockchain has come on in leaps and bounds albeit still with challenges of ease of adoption, high transaction fees and scalability in terms of cross-chain with non-ERC20 assets. Before we examine how Fusion addresses these let us dial back into the journey so far.
Some of the major milestones attained by Fusion so far include

1. Cross-chain technology DCRM open source. Dec 2018

This is Fusions flagship non-custodial key management technology that facilitates out-of-the-box seamless interoperability for 95% of tokens utilising either ECDSA and EdDSA algorithmic encryption for signature. It enables tokens to be locked in on the Fusion blockchain and when harnessed by other chains enables the same interoperability opening the potential for seamless transfer of liquidity across multiple chains. Andre Cronje a visionary in the DeFi space is already leveraging this technology to facilitate multi-chain bridging on the Fantom network offering low-cost multi-swap capability at a huge fraction of the costs with Uniswap and with increased efficiency. Check out multichain.xyz

2. Fusion: Mainnet live June 2019

Mainnet went live in June 2019 and adoption is steadily increasing in terms of number of unique addresses. Fusion currently sits at number 36 overall in terms of transaction volume and number 3 in the top performers list in terms of transaction adoption score as calculated by coinstats.network even with the easing off of transactions due to reduced liquidity farming activity on the blockchain as new opportunities for growth emerge.

3. Anyswap: First Cross-chain DEX in the world July 2020

Anyswap was certainly the first of its kind. A Uniswap fork in terms of the Automatic Market Maker (AMM) decentralised exchange (DEX) but infused with Fusion’s DCRM, expanding its capability beyond ERC-20 only tokens into realms not previously envisaged for DeFi DEXs. Before interoperability became the key buzzword, many in the DeFi space were building out financial services operations on Ethereum; that is until the latest price rally when the so called technology for the unbanked became the technology of the rich with exorbitant transaction triggering calls for alternative cost-effective solutions.

Anyswap.Exchange

If I were asked to summarise Anyswap’s mission in words I would say Anyswap is cost-effectively taking noteworthy blockchain projects to the promised land of interoperable and decentralised finance with their multi-chain bridging technology built on Fusion Protocol. It is easy to see how native chains can now play in a space previously reserved for ERC-20 tokens. Besides Fusion, Anyswap network now supports Ethereum, Huobi Eco Chain, Fantom & Binance Smart Chain where it firmly sits as the pillar for cross-chain in their DeFi Landscape.

With OKEx Chain launch also imminent on Anyswap, the existing plethora of bridged assets on the platform cannot be overlooked. BTC, LTC, DAI, UNI, LINK, COMP, YFI, OMG are but a few noteworthy mentions on the Fusion chain not including tokens native to other chains introduced and supported chains by means of seamless Anyswap integration. This is just the beginning. Anyswap V2 will bring multi-bridging to the fore, setting new standards for fluid liquidity provisioning enabling value to traverse through different chains going a step further to eliminate high costs of swaps bringing fees to acceptable levels for those chains that are willing to participate.

4. Chainge: Self-banking app. January 2020

As far as blockchain decentralised applications or d’Apps go, none is more anticipated than Chainge, a self-banking application that will harness the brilliant features of Fusion and Anyswap in addition to an easy to use self-programmable banking services offering. I wrote extensively about chainge here and giving multiple reasons to jump on it. Many have heeded the call and suffice to say 1M plus have been stacking their tokens to a healthy 105,332,561 CHNG tokens in anticipation of the application launch.

Join The Revolution

In addition to earning up to 145 CHNG tokens just for signing up to a waiting list, Chainge will offers users an annual percentage yield of 8.32% for BTC and 16.18% for USDT deposits and also enables them draw from their interests on a daily basis. A sound offering in my opinion.

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Market positioning

The market is evolving to adopt and adapt blockchain technology and government central banks that take a fight-or-flight approach do so at their own peril. A brilliant article by Alex Axelrod the founder and CEO of Aximetria and Pay Reverse puts this succinctly “When companies and people can choose among different types of money/currencies/payment systems, only those financial institutions that can work with a wide variety of formats and services simultaneously can be considered universal banks.” This is where Fusion and Chainge will set their stall, challenging the challenger banks, traditional and central banks to become more universal in their approach and yes CBDCs or Central Bank Digital Currencies will become a thing according to many industry leaders.

Fusion is positioned to underpin these new “universal banks” foray into crypto finance. The Fusion whitepaper published in 2017 supports this assertion that crypto finance will be a definitive step in the realisation of the true potential of blockchain technology as the Internet of value. So while many are adopting a wait and see approach, Fusion through Anyswap and Chainge is leading the way in bringing these banking services to as many as would care to take notice of its unique banking features. The extract from the whitepaper below shows the depiction of the landscape in 2017 from which a very different picture can be painted today.

From Whitepaper: Crypto Finance (DeFi) in 2017

So what are these features within Fusion infrastructure that can be harnessed for decentralised finance?

As already mentioned Decentralised Control Rights Management or DCRM from Fusion will introduce a wider host of cryptocurrency options than currently exist on Ethereum based DeFi platforms. It enables end-to-end decentralisation in the true sense because it does not require a 3rd party custodian assume ownership of tokens locked into the ecosystem of connected chains. It instead enables sharding of wallet keys for signing cross-chain multi-signature algorithms across multiple nodes allowing for funds to be stored securely in smart contracts. Before reputable projects like Polkadot and Cosmos began building in earnest, Anyswap was already showcasing Fusion’s encryption layer cross-chain solution in its cross-chain DEX bridging function.

Another feature of note is Fusion Protocol’s Time-lock. A feature that showcases for digitised assets, the time value of money (TVM) for unleashing equities, bonds, and derivatives use-cases. Chainge is gearing up to implement a DEX feature with USDT/ Future USDT and BTC/Future BTC trading pairs integrated for self-banking upon release of the app. This means you can lock in the future value of your token in exchange for extracting todays value. This is a brilliant concept that as highlighted by a recent announcement of a new token format called FRC758 which supports ‘Time-frames (TF)’ to be rolled out on the highly anticipated Chainge app.
Quantum Swap the next piece in the puzzle will underpin a decentralised Over-The-Counter or OTC market and enable trustless smart-contract based value exchange opening the market for escrow services without needing a 3rd party while also allowing for extraction of time-value and subsequent exchange based on bespoke requirements.

With all these features in place it is no surprise that any interoperability consideration by traditional and central banking institutions will look to Fusion’s technology as a valid option for adoption. A recent Europe Central Bank report  in December 2020 looking at DLT options for CBDCs looked closely at Fusion and DCRM citing “Fusion aims to connect different DLTs by means of a common public blockchain using Decentralized Control Rights Management (DCRM) — an open-source interoperable solution that offers a decentralized custodian model (cross-chain and cross-system). where assets are held and transferred on behalf of the user across heterogeneous chains. The DCRM is to offer a hot wallet liquidity with cold wallet security, a key recovery system and, a settlement network, as well as an option of introducing protection requiring multiple approvals in case of both workflow on-chain or off-chain.”

ECB Report Extract

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So where do we go from here?

I will conclude by bringing it full circle back to where I began. Success of a crypto project leans heavily on exposure, the same way TV programmes get more viewers simply because they are on a specific channel with higher viewership. The same goes with Fusion. It needs its token issued on a large exchange in whatever flavour however its success isn’t wholly dependent on this.

Sometimes you need to create your own channel and that is what Chainge is doing. While there is no timeline for this exposure on Binance or Coinbase, a new playing field designed to bring ease of adoption to the everyday user is in the works. Chainge promises a no-holds-barred all-encompassing decentralised exchange with multi-chain support that harnesses all the underpinning infrastructure features of Fusion while promising a wealth of features including:

-Deposit to Earn
-Decentralized Escrow
-Cross Chain DEX
-Fiat On/Off Ramp
-Private Key Social Guard

Fusion is 3 years old and looking forward to a bright future ahead. While they will continue to support Binance and the entire blockchain industry with their core technology, over 1M waiting users need an exchange of the future and ‘Universal Bank’ to transact on to harness their financial future. I can only see one future with Fusion technology becoming more integral not only to Chainge but the DeFi space as a whole.

Finance automated

Support this further by signing up to Chainge if you haven’t already up to 145 CHNG tokens await you.

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Daily price review

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Hebrew Harris released a video on his YouTube channel in which he reviews the financial decentralized platform chainge.finance, which is based on the FUSION blockchain

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Is this the first ANN thread of this project? This has been launched in 2017 according to the roadmap and has been in the market since 2018. Is that because of the DeFi hype why it is being re-introduced? They are also doing well in the market according to these below figures. What is the reason why they decided to publish their project here?

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Is this the first ANN thread of this project? This has been launched in 2017 according to the roadmap and has been in the market since 2018. Is that because of the DeFi hype why it is being re-introduced? They are also doing well in the market according to these below figures. What is the reason why they decided to publish their project here?

1. You are absolutely right, the project has been on the market for quite a long period of time and in fact has proven its worth and usefulness for the entire financial and crypto community
2. You are right, this is the first ANN topic. It was created so that forum users could get all the necessary up-to-date information about the FUSION project directly on their favorite forum. Think of it simply as part of the active social media activities of the Fusion community.
3. It is impossible to deny the excitement of DEFI in the cryptocurrency market, but it also cannot be denied that the Fusion project, back in 2018, introduced the term "decentralized automated finance", thereby and its concept as a whole, ahead of its time.
4. Fusion was ahead of its time, but it did not get enough attention, at the initial stages of its development, but now when the market is ready for such projects, Fusion can only convey to the maximum number of users information about itself and the benefits of using the "DCRM" decentralized key storage technology.

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This is a very engaging and informative overview of the Fusion ecosystem and the key projects that are part of it and use key technical functions.

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Daily price review

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Potential to trade and lease NFTs on Fusion.

The world of cryptocurrency is currently undergoing a cycle of NFT craze, when works of art related to NFT are sold for exorbitant amounts of money,
and projects focused on NFT perform quite well in “interchangeable” markets. The situation forces Fusion (and possibly any other cryptocurrency project) to explain, what they can do for NFT. The potential for NFT in Fusion is huge, but to unleash its full potential, we must either see projects focused on NFT, that choose to deploy their business to Fusion, create a cross-chain system to move NFTs between networks.

What are the benefits for NFT-focused projects that choose to deploy to Fusion?

If the project were to do this, it would need to find a good way to filter the quantum swap (QS) market in order to weed out trades that suit their users and find specific ways to tie value to the NFT, as is already possible in other chains. Fusion already has ambitious projects around this.
The most prominent example is AXP, which tokenizes cars on Fusion. https://www.globenewswire.com/news-release/2019/02/25/1741446/0/en/Fusion-selected-by-Automotive-eXchange-Platform-AXP-to-bring-data-accuracy-and-transparent-to-2–8-trillion-pre-own-auto-industry.html
Apart from Fusion Quantum Swaps (which means fully decentralized trading on terms dictated by trading partners), Fusion also offers time slots. And the time slots applied to the NFT create some really interesting use cases.
This opens the door to 100% secure rental. Car rental companies do not need to worry about their customers not returning cars, because if they only had keys with a time slot, they would only work for the lease period. The opposite use case in favor of the tenant can be guaranteed privacy in hotels, where the tenant of the room is guaranteed to be the only one, who has access to their room (the hotel must wait until the time runs out, to save access). Perhaps this will help ease the currently deprecated time option for renting a movie for the day. But probably one of the largest and first options use could be real estate, where rentals and leases are already commonplace, and the assets are definitely valuable enough to be worth tokenizing.
Fusion Quantum Swaps also allow you to swap multiple assets in a single transaction. This is quite unique and is covered in detail in these older articles.
MultiSwaps execution: https://medium.com/@fusionprotocol/how-to-use-multiswap-3c6167b87aa1 Potential of MultiSwap applications: https://www.fusion.org/post /multiple-applications-of-multiswap and can definitely be very useful for NFT applications.

Create a system to move NFTs through the chain.

Another important focus for Fusion is interoperability. And whether it becomes possible thanks to Fusion itself or AnySwap, which is now actively integrating all blockchains, NFTs moving cross-chain to Fusion and becoming fully compatible with both Time-Lock (TL) technologies and QS and can happen sooner than most people think. Cross-chain development continues to focus on fungible tokens, but once it becomes so smooth and simple that anyone can deploy bridges for fungible tokens between any two chains, the time will come to apply the same simplicity to any type of token (including NFT). There is some rationality in initially issuing high value assets on a chain like Ethereum so that it has a super strong foundation on a high value chain (it makes her more secure after all). But if someone wants to trade or rent out NFTs in a decentralized way, the NFT moves through the chain to Fusion, to use the Fusion QS and TL features.
Very soon, we will see Chainge Finance, a decentralized finance project on the Fusion blockchain. Which will create a market for quantum swaps and time locks/frames by connecting blockchains into one ecosystem.
Sincerely, Fusion Foundation.

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We've exceeded 1.5 million users on the Chainge app waiting list

With an army of over 1.500.000 people, we're determined to take the financial world by storm and bring on the future of Defi

Thank you for believing in us.
Go Chaingers!

chainge.finance

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New listing alert!
BitMart will list Anyswap (ANY) @AnyswapNetwork
on March 31! The ANY/USDT trading pair will be available soon
Details: https://support.bmx.fund/hc/en-us/articles/1260803837209

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“Return on Investment” continues to be the predominant narrative in today’s financial world. Yet asset values rise and fall. Money is made and lost. Future yields show promise but are uncertain.

The good news is that blockchain advancements are igniting a new era of market innovation, creating an on-ramp to the intersection between traditional financial services and cryptocurrency.

Poised at the epicenter of this movement is a rapidly emerging value transfer ecosystem known as FUSION. This highly anticipated DiFi ecosystem aims to bridge the centralized and decentralized worlds of digital finance.

FUSION is laying the groundwork for a crypto-financial application platform that allows for the curation of multiple token types that freely interact through smart contracts and without intermediaries. Through a public chain that uses distributed nodes to control the private keys of myriad tokens, the ability to facilitate cross-chain smart contracts will be achieved.

This allows FUSION to deliver interoperability and scaling solutions to centralized organizations and external data sources through a Internet of Values model.

By fueling this next wave of DiFi innovation on the Blockchain, the Fusion protocol is poised to deliver a uniquely developed cost saving solution for business and commerce.  Through the interlinking of various forms of digital assets, their seamless integration with business and technical systems becomes a viable possibility

FUSION is the brainchild of D.J. Qian, a prominent innovator and pantheon in the rapidly emerging world of blockchain finance. His firm BitSE was one of the early pioneers in the research and development of blockchain technology and mining. Since then, his startups have witnessed a spectacular run with two high profile blockchain projects Qtum and VeChain.

Now enter FUSION

Says Qian: “Fusion is a landmark public chain for the new Internet of Values” era. Our solution offers an alternative to  traditional finance through the use of distributable bookkeeping nodes that generate and control private keys of various tokens and blockchains.” 

Playing a key role in this advancement is The Fusion Foundation, founded in 2018 with the intent of creating a borderless and connected financial system within the digital space. A key element in FUSION’s developmental trajectory is a cross chain and cross system solution known as Distributed Control Rights Management (DCRM). In its 5.0 version, DCRM’s open source implementation features a flexible protocol for business and personal innovation in a flexible workflow environment.

The Chainge Value Proposition

Driven by the Fusion and Anyswap protocol, Chainge is the newest development in the world of digital finance. As a forked infrastructure layer of Ethereum, this self-banking, smart contract centric application promises to fuel the next generation of crypto finance.

Through its consumer friendly online platform, Chainge provides everyday users with the tools to effectively leverage the value of their wealth.

With a bevy of advanced features, it promises to be more user friendly than other platforms or wallets in the digital stratosphere. Through its DCRM (Decentralized Control Rights Management) system, Chainge provides end users with state-of-the-art interoperability between chains, all within a single wallet. This comprehensive banking service has not been seen in any other mass market product model to date.

With Chainge, users are not subjected to external custodians as Fusion’s DCRM wallet key fragmentation is able to sign multi-signature algorithms between chains on multiple nodes. This facilitates the secure storage of funds in the various smart contracts being utilized.

Remarks Qian:

“Chainge enables the everyday user to leverage the value in their wealth effectively. We promote the theme of ‘everyone could be a market maker’ by making the process of providing liquidity more user-friendly than seen on any web platform or digital wallet so far.”

Benefitting from Ethereum status as the go-to source for decentralised finance, Chainge is able to mitigate transaction costs with fees as low as 0.1%. In terms of yield, users will be offered an annual percentage rate of 8.32% for BTC and 16.18% for USDT deposits, with the ability to access their interest gains on a daily basis.

A smart contract suite of services will also be available allowing users to initiate escrow, collateral and loan features. Through the use of these decentralized features, trust issues are totally eliminated.

Chainge’s bold new footprint is emboldened by the belief that the time is now to embark on the future of digital finance. Having exceeded 1 million users on our waiting list, the Chainge team is excited about its launch which is set to commence on March 31st.

On that date, the waiting list will have permanently closed. New users, however, will be able to enroll and utilize Chainge’s available website features such as Amplifier and Deposit to earn. Existing users who signed up prior to March 31st will still have account access and maintain their spot on the waiting list.

In April 2021, users will be invited to test drive the application based on where they are on the list. The initial version of the Chainge app will be available to the first one-hundred users.

The referral tool will also be live, although referral bonus tokens will no longer be rewarded. So feel free to encourage your community of friends and family to sign up and enjoy the advantages that the Chainge ecosystem has to offer.

Trailblazing New Frontiers of Chainge Finance

The roadmap ahead is a promising one for Fusion. In coming months version two of the website will be launched  along with some additional value added features and fresh aesthetics. Highlighting this transformation will be the addition of new tools allowing users to amplify and make deposits in order to earn BTC, USDT and CHNG rewards.

The next level of our development is the release of our application for mobile users. This advancement promises to exceed all expectations in terms of user interface and engagement.

With all of this in place, Chainge will be poised to fully expand worldwide, unlocking fresh new opportunities through global markets. A key element of this will be our outreach to the worldwide business community offering enterprises the opportunity to boost their global presence and tools for automation.

Join our revolution by enrolling today so you can begin earning and stay abreast of exciting new development in the Chainge community in ensuing days.

Note: Trading and investing in digital assets is speculative and can be high risk. Based on the rapidly changing business and regulatory environment of this nascent industry, this content should not be viewed as investment or legal advice.

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More than half of the coins from the total supply of $FSN are used by their owners in staking to ensure stable and reliable operation of the network using more than 100 nodes.
FUSION Protocol stay strong!

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FSN/BTC LONG