Fuel Earn
Fuel Earn is a managed, fixed-term USDC return vault for FUEL and stFUEL holders. A depositor locks collateral, receives an immutable fixed USDC return based on its opening value, and holds the rights through a transferable native Fuel position NFT.
Network status
Real deposits, position NFTs, transfers, asks, purchases, unbonding, indexing, and statistics are live on Fuel testnet with valueless tFUEL, tstFUEL, and tUSDC.
Mainnet is disabled Fuel Earn is unaudited. Mainnet remains disabled
pending independent contract review, approved collateral pricing, legal and economic review, manager multisig, funded reserves, strategy approval, monitoring, and operational runbooks. :::
How it works
- Connect Burner Wallet, Fuel Wallet, or Fuelet.
- Obtain testnet ETH from the official Fuel faucet.
- Claim valueless test assets.
- Lock FUEL or stFUEL for 6, 9, or 12 months.
- Receive a position NFT with immutable economics.
- Hold, transfer, list, buy, unbond, or claim that position.
Read How Fuel Earn works for the complete lifecycle and Testnet quickstart for a guided transaction.
Fixed terms
| Term | Fixed return on opening value | Initial early-exit penalty |
|---|---|---|
| 6 months | about 5% | 25% |
| 9 months | about 7.5% | 25% |
| 12 months | 10% | 25% |
The contract uses 10% simple annualized yield prorated by exact term seconds. Rewards are paid with principal only at maturity.
Managed custody
The manager may deploy collateral to approved strategies. On-chain liabilities do not guarantee immediately liquid collateral. Position holders rely on adequate collateral returns and funded USDC reserves. Review Risks and Reserves and liabilities before using the application.