{"id":37381,"date":"2021-04-15T19:34:36","date_gmt":"2021-04-15T16:34:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=37381"},"modified":"2025-08-29T16:10:34","modified_gmt":"2025-08-29T13:10:34","slug":"what-is-fusion-how-does-time-lock-work","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/what-is-fusion-how-does-time-lock-work\/","title":{"rendered":"What is Fusion? How does Time Lock work?"},"content":{"rendered":"
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What is Fusion?<\/h2>\n
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Attention! This article is outdated and awaiting an update.<\/strong><\/p>\n<\/div>\n

Fusion<\/a> is a blockchain using the Ticketed Proof-of-Stake<\/a> (TPoS) consensus protocol. To stake on TPoS, validators buy tickets [tickets] with the project\u2019s FSN tokens.<\/p>\n

The Fusion network selects tickets at random. Their owners gain the right to sign the next block. Validators receive rewards: 2.5 FSN and the transaction fees in the block. FSN staking yields can be calculated on stakingrewards.com<\/a>.<\/p>\n<\/div>\n

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What is FSN?<\/h2>\n

FSN<\/a> is Fusion\u2019s native token. It is used to pay transaction fees, deploy smart contracts and buy staking tickets.<\/p>\n

FSN\u2019s supply is capped at 81,920,000 FSN. A staking ticket on Fusion costs 5,000 FSN.<\/p>\n<\/div>\n

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What is Time Lock?<\/h2>\n

Time Lock<\/a> (TL) is a technique that splits FSN into time-value parts: with a limited lifetime (TL FSN) and an unlimited one (FSN\u221e).<\/p>\n

When splitting a token, the user sets the lifetime of the TL FSN. It is visible to other Fusion users and to smart contracts on the network.<\/p>\n

\"What
TL FSN will be burned on 15 May. After that, FSN\u221e will turn into FSN.<\/figcaption><\/figure>\n

The market value of TL FSN is lower than that of full FSN. It depends on the benefit that can be extracted during the token\u2019s lifetime. <\/p>\n

When the TL FSN lifetime ends, the tokens are burned. The corresponding FSN\u221e convert into FSN.<\/p>\n

Time Lock is akin to an interest-bearing loan or renting out property. <\/p>\n

Example:<\/strong> Alice bought a book for $10. Bob borrowed it for a month and paid Alice $1. Alice still owns the book. However, Alice cannot read or transfer the book until Bob returns it.<\/p>\n

Now imagine Alice bought FSN. She split the token into TL FSN with a 30-day lifetime and FSN\u221e, then sold the TL FSN to Bob. Alice cannot dispose of the FSN\u221e until Bob\u2019s TL FSN burn.<\/p>\n<\/div>\n

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How to split FSN tokens?<\/h2>\n

To split tokens, you must send a transaction from a wallet that supports Time Lock. The user chooses a transaction type:<\/p>\n