FUEL, a Layer 1 Coin, Will Be Listed on CoinW Exchange

CoinW,
the
world’s
pioneering


cryptocurrency
trading
platform,
will
list
FUEL,
a
Layer
1
coin,
on
Layer
1
Zone.
For
all
CoinW
users,
the
FUEL/USDT
will
be
officially
available
for
trading
on
December
19th
2024,
at
10:00
(UTC).
To
celebrate
the
listing
of
FUEL,
we
are
launching
the “FUEL
Bounty
Program”
event
with
a
reward
pool
of
10,000
USDT.

The
Rise
of
$FUEL:
A
Truly
High
Performance
Layer
1

The
FUEL
token
is
the
native
cryptocurrency
of
the
Fuel
Network,
a
Layer
2
(L2)
scaling
solution
designed
to
enhance
the
Ethereum
blockchain.
Launched
with
the
goal
of
creating
a
more
equitable
and
verifiable
internet,
FUEL
plays
a
crucial
role
in
securing
Fuel’s
decentralized
sequencer
and
facilitating
a
user-friendly
experience
by
eliminating
gas
fees
through
innovative
economic
incentives.

Fuel
Network
leverages
Application
Specific
Sequencing
to
provide
high
transaction
throughput,
reportedly
exceeding
600
transactions
per
second,
while
maintaining
minimal
costs—around
$0.0002
per
transaction.
This
approach
aims
to
replicate
a
Web2-like
experience,
making
blockchain
technology
more
accessible
to
everyday
users.
The
FUEL
token
will
be
available
as
an
ERC-20
token
on
Ethereum
and
also
operate
on
Fuel’s
own
L2
chain,
further
integrating
with
existing
decentralized
applications
(dApps)
and
services.

The
introduction
of
FUEL
is
pivotal
for
the
ecosystem’s
growth,
with
over
51%
of
its
total
supply
allocated
to
community
initiatives,
including
rewards
for
early
contributors
and
participants
in
the
Fuel
Points
Program.
This
community-centric
strategy
not
only
incentivizes
engagement
but
also
fosters
a
collaborative
environment
for
developers
and
users
alike.

10,000
USDT
Limited-Time
Offer
for
CoinW
Community

To
celebrate
the
listing,
10,000
USDT
equivalent FUEL prize
pool
has
been
up
for
grabs
from
December
19th,
2024,
at
10:00
to
December
26th,
2024,
at
16:00
(UTC).
By
participating
in
events
such
as
registration,
trading,
and
community
events,
CoinW
users
have
the
opportunity
to
share
in
a
prize
pool
of
10,000
USDT.
 To
claim
your
rewards,
please
click here. 

About
CoinW

CoinW
is
a
pioneering
crypto
trading
platform
that
prioritizes
security,
transparency,
and
user-centric
principles.
With
advanced
technology,
deep
liquidity,
and
a
wide
range
of
supported
cryptocurrencies,
the
company
has
amassed
a
broad
user
base
to
become
one
of
the
world’s
most
secure crypto
exchanges.
Committed
to
security,
transparency,
and
compliance,
the
CoinW
exchange
upholds
the
highest
regulatory
standards
and
actively
contributes
to
the
advancement
of
the
crypto
industry.
To
learn
more
about
CoinW,
you
can
visit
the
official website,
and
follow
CoinW’s Twitter
Account, Btok,
and Telegram
Group.

About FUEL

As
part
of
its
broader
mission,
Fuel
Network
is
committed
to
decentralizing
its
operations
by
gradually
introducing
staking
mechanisms
and
validator
roles
for
transaction
processing.
This
shift
aims
to
address
common
challenges
faced
by
L2
chains,
particularly
the
reliance
on
centralized
sequencers,
thereby
enhancing
security
and
scalability.

The
FUEL
token
represents
a
significant
advancement
in
Ethereum’s
rollup
landscape,
promising
to
deliver
a
robust
platform
for
dApp
development
while
prioritizing
user
experience
and
community
involvement.