What is deFusion? Revolutionizing the LSD reward mechanism on Viction

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19 Mar 2024
26

Building a solid infrastructure, Viction integrates the first liquid staking project to the ecosystem - deFusion with a novel product design. What is deFusion? What are the highlights of deFusion?
What is deFusion?
deFusion is a liquid staking platform built on the Viction ecosystem. deFusion provides a completely innovative automatic reward distribution solution (ARDS) in the reward mechanism, providing a stable experience and improving capital efficiency for users.
The LSD era on the Viction ecosystem
From mid-2023, Viction focuses on building a platform to become a fully responsive blockchain in terms of infrastructure and network performance. At the same time, it emphasizes scalability, security and increased applicability for dApps integrated on the chain.
Besides, Viction places great emphasis on attracting projects and developers to build products on the ecosystem. In particular, liquid staking is the next piece of the puzzle to be integrated, the first product is deFusion.
Since the end of October 2023, the number of liquid staking projects has increased sharply. According to updated data from DefiLlama, as of March 14, 2024, liquid staking TVL reached 62.83 billion USD out of a total of 103 billion USD of the entire DeFi market.
As the crypto market enters the early stages of the 2024 bull run cycle, the attraction of liquid staking will certainly not stop there. It can be seen that the launch of deFusion marks an important chapter in the way Viction approaches the market's prominent narratives.
What are the highlights of deFusion?
deFusion is the first liquid staking project on the Viction ecosystem, with a smooth experience and outstanding improvements in operating model design and rewards.
Automated Rewards Distribution Solution (ARDS)
ARDS automatically distributes rewards to users. Minimize the inconvenience of checking daily rewards and eliminate complicated operations when claiming rewards. With ARDS, rewards will be automatically distributed after every epoch (approximately 900 blocks).
Flexibility in converting ownership of staking funds to another cryptocurrency wallet
Normally, users want to transfer staking assets from wallet A to wallet B to continue staking, needing to perform complex operations such as: unstake from wallet A, claim the reward of wallet A, then transfer money to wallet B then continue to stake.
deFusion allows users to directly transfer ownership of the money staked in wallet A to wallet B without having to perform the above complicated operations. This is considered the most innovative mechanism currently in the operating model of liquid staking solutions.
Increase profits when participating in Masternode staking pool
When the number of VIC staking in the liquid staking pools reaches 50,000 VIC, the pool will now switch to Masternode status. These pools will have significantly higher APRs.
What is deFusion's token?
Currently, deFusion has not announced information about the project's tokenomics. Insights will update as soon as information is available.
Investors and partners
deFusion is a project within the development alliance on the Viction ecosystem, establishing partnerships with major projects on this network, including Coin98 Super Wallet, Dagora NFT Marketplace, Baryon Network, OneID...

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