What is Fuel?

Fuel Network is the rollup operating system (OS) on Ethereum on a mission to expand rollup capabilities without sacrificing security or decentralization.

Leveraging the power of its rollup operating system (Rollup OS), the Fuel Network is designed to close the performance gap between high-performance L1s and rollups. Fuel brings features such as account abstraction and cross chain interoperability to Ethereum rollups, while utilizing state-minimized and parallel execution architectures.

On July 8, Fuel began its points program, which rewards the network's early users and contributors. The program will focus on users who contribute liquidity, and will run up until its mainnet launch in Q3 2024.

Fuel’s Tech Stack

Fuel Network is composed of three primary parts: the Fuel Virtual Machine (FuelVM), Sway, and Forc.

FuelVM is the central component which is responsible for essential functions such as core computing. Sway is Fuel’s native programming language, which is a developer-friendly Rust-based language. Forc, short for “Fuel Orchestrator,” is the integrated tool-chain that sets up builders to effectively create dApps through its tooling alongside the networks native software development kits (SDKs).

Fuel Points Program

Fuel recently launched the Fuel Points Program, incentivizing early contributors with points for depositing assets in preparation for the Mainnet launch. This program promotes necessary liquidity, boosts on-chain activity, and supports developers by lowering adoption barriers and mitigating risks, fostering a vibrant and secure ecosystem.

Users who deposit assets prior to the mainnet upgrade will earn points and a chance for future rewards within Fuel’s ecosystem. Early depositors will earn more points as the program matures.

All deposits into Fuel will be transferred to a pre-deposit smart contract until the mainnet launch. In return, users will receive daily distributions of points correlated to the amount you have deposited.

Users can earn 1.5 - 3 points per day for each dollar deposited. 18 different assets are eligible to earn points, and those who partake during the early depositor window will accrue twice as many points per day by depositing Renzo staked ETH (ezETH) specifically. The points credited to your account can be monitored via the portal within 24 hours.

While the structure of the system is subject to change, users who deposit boosted assets earlier in the program will be able to earn and utilize the maximum multipliers for longer.

Once mainnet launches, the program will continue to offer additional incentives and loyalty rewards for its earliest users.

The Future of Fuel Network

Fuel network aims to bring next-generation rollups to Ethereum. The architecture touts a combination of performance, state sustainability, and interoperability that is designed to optimize the chain’s user experience.

Through its new points program, early users and contributors to Fuel can earn rewards and qualify for future incentives leading up to and beyond its mainnet launch. The points program not only gives back to early supporters, but also helps bootstrap onchain activity as it prepares for its mainnet launch.