Fusion’s first halving scheduled for July 13

On July 13, at block #4915200, the first halving of Fusion’s blockchain will take place. This is reported in the project’s blog.

Validator rewards will fall from 2.5 to 1.25 FSN. According to Fusion, the next halving is expected in two years.

As of publication, 68.5 million FSN are in circulation. Of these, 11.5 million FSN have been mined by validators, and 57 million FSN were created by developers in the genesis block. The token supply is capped at 81,920,000 FSN.

On average, the Fusion network produces about 6,620 blocks per day. Staking yields for participants are 17.8% per year, for validators 18.9% per year.

“The first Fusion halving is an important economic event for the coin. The reduction in mining rewards will slow inflation and reduce FSN price volatility. For Bitcoin investors, halvings have become among the powerful factors to consider in long-term trading,” comments Fusion’s CMO Maxim Shulte.

Fusion is a blockchain operating on the Ticketed Proof-of-Stake consensus protocol. A distinctive feature is Time Lock, which allows FSN tokens to be split into time-value portions.

Fusion released a wallet with Chainge Finance banking features.

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