Fuel Network — another free drop?

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20 Mar 2024
27

Today, we’ll explore another interesting project — Fuel Network, evaluate its technology, and discuss what activities to perform to possibly receive a drop in the future.

What is Fuel Network?

Fuel is the fastest modular transaction execution layer, providing maximum security and flexible throughput. Fuel aims to become the execution layer in the modular blockchain stack. This means Fuel does not support consensus and does not store blockchain data on its network.
In terms of investments, the project has raised $81.5 million from Blockchain Capital, Stratos Technologies, CoinFund, and many other funds.

Fuel Network Technology

Fuel Network is a modular blockchain developed using its proprietary programming language, Sway.
Fuel emerged as an L2 scaling technology for Ethereum. But since its inception, the project has grown and can now boast some of the best and brightest engineers and support from top blockchain companies and industry leaders.
Now, Fuel is a high-speed blockchain and already offers rollup solutions, as we discussed here.
Key Features of Fuel:

  • Parallel transaction execution — provides greater computational power and allows for the use of more threads and cores of network nodes.
  • Fuel Virtual Machine (FVM) — needed to create an ideal OS for Ethereum mergers.
  • Superior developer experience with Sway and Forc — the Fuel development environment retains Solidity smart contract languages and embraces Rust paradigms — providing an integrated environment for developers.

Currently, Fuel Network is in beta-testnet, and we have the chance to perform activities in it to possibly receive a drop in the future.

What’s the Action Plan?

Install Fuel Wallet by following the link.
Create a new wallet, save the seed phrase in a secure place — preferably on a paper medium. DO NOT COPY the Seed phrase!
After noting down the seed phrase, create a password for the wallet and save it in a secure place:
Additionally, we can install another wallet — the Fuelet App by following the link here:
2. Now, we’ll need test SepoliaETH — how to obtain them was described in the article dissecting another project with a potential drop, so you can participate immediately in it as well!
Alternatively, we can use services where we’ll need to input the wallet address to which the test SepoliaETH will be sent:
https://www.infura.io/faucet/sepolia
https://sepoliafaucet.com/

Multi-Chain Faucet by QuickNode

Easy to use Multi-Chain Faucet. Claim your testnet tokens for free - one drip per network every 12 hours.
faucet.quicknode.com

3. We’ll use the official Fuel Network bridge. Connect the wallet by clicking the “Connect Ethereum Wallet” button:
Then, connect our Fuel Wallet:
Connect:
Choose the amount of SepoliaETH we want to transfer to Fuel and click “Deposit”:
Confirm the transaction.
Optionally, we can perform the reverse operation — Withdraw from Fuel to Sepolia — using the “Withdraw from Fuel” tab.
4. We’ll use the Swaylend faucets — where it’s necessary to mint test tokens — same procedure: connect the Fuel Wallet, mint test BTC, ETH, Uniswap, and so on:
Enter your Fuel wallet address. It’s located under the name of your account:
Receive ETH (testnet):
5. Interact with the SwayFarm game. Connect the wallet. Create a character:
Go here — purchase seeds, signing the transaction:
Now simply plant the seeds — and wait for our tomatoes to grow:
To harvest, step on the plot and click “Harvest” — sign the transaction:
Now we can plant tomatoes again using the seeds. Alternatively, we can sell tomatoes — returning to the Market:
5. The next DApp — Spark — go and connect the wallet. Add the test network Arbitrum Sepolia:
For this network, test ETH will also be required:
https://www.alchemy.com/faucets/arbitrum-sepolia
https://faucet.quicknode.com/arbitrum/sepolia
https://blastapi.io/faucets/arbitrum-sepolia
Then return to Spark and mint the test tokens:
Done:
Now return to the Trade tab and open any position. For example, Long on BTC-USDC. Choose the position size through “Order Size” or through the slider and confirm the transaction:
Transaction history will be displayed below the chart — in the “History” section. We can also place limit orders by selecting “order type” = limit:
5. Also, keep an eye on FuelNomen — the platform currently has poor performance — but nevertheless, activity in the Fuel project won’t hurt.
Meanwhile, let’s go to Artdao:
And simply scroll the mouse wheel forward and leave your email:
6. We can obtain roles in Guild -> proceed and authorize:
Join the project’s Discord. To get roles, meet the criteria:
Verified Role:

  • Have a minimum of 0.001 ETH balance
  • Pass the captcha
  • Have a Discord account for at least six months

Sway-pilled:

Fuel Enthusiast:

Fuel Pilled:

  • Add “.Fuel” to your Twitter name
  • Have 30+ followers on Twitter
  • Follow people from the list
  • Star the repository and another repository

7. Interact with the NFT marketplace Thunder:
Aim to use test ETH faucets more often — and look for the cheapest NFTs and buy them. For example — this one.
8. Move to Bsafe:
Create a vault:
Specify a description and name for the vault:
Done:
You can also create your own transactions — “Create transactions”.
Specify the title, recipient address — you can use this address: fuel16cm06c26nny82q9sfe032ruejz6z79llt8777a7xvkef94ffnmks76cgcm
And specify the amount — confirm:
9. Additionally, complete quests in Layer3.
In the search engine “Search”, type Fuel:
Confirm all quests with the bridge that you completed earlier:
10. Go to the developer documentation and sign the transaction:
Congratulations!
We have completed the main activities in the project and now all that remains is to periodically repeat them to warm up our wallet.

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