Fuse
Sign up

$ENERGY Rewards - Terms and Conditions

  1. General

    1. These terms and conditions (the “$ENERGY Terms”) apply to Fuse Energy’s $ENERGY rewards programme. By earning Energy Dollars and/or redeeming Energy Dollars for Rewards, you agree to be bound by these terms and conditions. These terms and conditions were last updated on 23 February 2026.
    2. The $ENERGY Terms do not alter in any way the terms and conditions of any other agreement that you may have with Fuse or any member of the Fuse group.
    3. Terms used but not defined herein shall have the meanings given to them in the main Energy Supply Terms and Conditions.

  2. Earning $ENERGY

    1. $ENERGY, also known as “Energy Dollars”, are tokens issued by Fuse Crypto Limited. Further information about $ENERGY can be found in our whitepaper. For the avoidance of doubt, the whitepaper is not included within the $ENERGY Terms.
    2. You may commence earning Energy Dollars when you opt into Fuse Energy’s $ENERGY rewards programme.
    3. Energy Dollars will be transferred to you by Fuse or a member of the Fuse group when you undertake certain activities. For example:
      • Adjusting energy consumption patterns so that you utilise energy during off-peak instead of on-peak hours.
      • Deploying distributed energy resources (“DERs”), such as rooftop solar systems.
      • Making DERs available for use as part of a wider network.
    4. The ways in which Energy Dollars can be earned may be added to, removed, or altered at any time.
    5. The Energy Dollars that you are entitled to will be calculated based on a transparent formula, which will be made available on our website at all times.
    6. Earning Energy Dollars is subject to Fuse’s determination (in its sole discretion) that you have engaged in the corresponding activity in accordance with all applicable restrictions. Should Fuse determine in its sole discretion that you have not done so, Fuse may choose not to transfer the relevant Energy Dollars to you.
    7. We reserve the right not to offer the $ENERGY rewards programme to certain people, geographic regions or jurisdictions, including (without limitation) if we suspect a violation of these Terms or if we reasonably believe that your activities fall into a high-risk category, in each case as determined in our sole discretion.
    8. Energy Dollars are a form of rewards currency intended solely for consumptive use within the Fuse eco-system, in particular the Fuse App or the Fuse website. Energy Dollars are not intended to be utilised as a form of investment. Energy Dollars do not inherently provide any return, profit, dividend or distribution, and they are not intended to be utilised as a form of investment.

  3. Redeeming $ENERGY

    1. You may redeem Energy Dollars for certain rewards through the Fuse App or the Fuse website (“Rewards”). The offered Rewards may include, amongst other things, third-party giftcards, a reduction in your utility bill, or a discount on certain goods or services. Fuse may alter the type of Rewards offered at any time, including by discontinuing existing types of Rewards.
    2. The amount of Energy Dollars required for each Reward (the “Redemption Rate”) will be shown on the Fuse App or the Fuse website. This may fluctuate from time to time.
    3. Fuse will endeavour to set the Redemption Rate for each Reward such that each Energy Dollar may be redeemed for a Reward (or part thereof) with monetary value equal to:

      Energy Dollar Market Value * Reward Multiplier


      where:


      “Energy Dollar Market Value” means the one-hour volume-weighted average price of an Energy Dollar, as calculated by reference to the average market price of Energy Dollars on major third-party unaffiliated digital asset markets at the time of the redemption, and as determined by Fuse in its sole discretion.


      “Reward Multiplier” means a multiplier set by Fuse in its sole discretion. For the avoidance of doubt, the Reward Multiplier may vary based on the Reward being offered, and in certain circumstances, may be a figure between zero and one.

    4. In order to redeem Energy Dollars for a Reward, you will be required to transfer the relevant amount of Energy Dollars out of your account in accordance with Clause 4.6 below.

  4. Wallets

    1. Energy Dollars transferred to you by Fuse will be held by you via a digital asset self-custody wallet (a “Privy Wallet”) provided by Horkos, Inc. d/b/a Privy (“Privy”). Your Privy Wallet will be created and accessible from the time you enable the $ENERGY rewards programme on the Fuse App or Fuse website. You will be prompted to complete the set-up of your Privy Wallet prior to your first transaction of Energy Dollars.
    2. Your Privy Wallet, and digital assets held therein, will at all times be wholly owned by you. You are solely responsible for storing and safeguarding any passwords, private keys or key shards, recovery phrases or other credentials associated with the use of your Privy Wallet. You are solely responsible for any and all activities that occur during your use of the Privy Wallet.
    3. When you choose to redeem Energy Dollars for Rewards and/or transfer Energy Dollars to other wallets, you will sign the transaction using the private key shard on your device. The transaction details will then be sent to the underlying blockchain, where the transaction is recorded. You acknowledge that Fuse is responsible only for providing the interface through which the transaction is signed.
    4. Fuse does not have any access to the private key shard on your device, and does not have the power to make any transactions on your behalf.
    5. You acknowledge that Fuse does not provide custody of any assets, and Fuse is not able to conduct services of transfer on your behalf.
    6. Energy Dollars may only be redeemed for Rewards if they are held within your Privy Wallet.
      1. When you redeem Energy Dollars for third-party giftcards, you will be required to transfer such Energy Dollars to a wallet designated by Fuse.
      2. When you redeem Energy Dollars for all other Rewards, you will be required to transfer such Energy Dollars to a burn address, such burn address as designated by Fuse.
      By pressing "Confirm" on the order confirmation page, you authorise the transfer of Energy Dollars set out above, by signing the transaction with the private key on your device.
    7. The usage of the Privy Wallet shall be subject to Privy’s terms of service.

  5. Trading and transfer

    1. You may sell or purchase Energy Dollars on third-party exchanges, subject to the terms and conditions of the relevant exchange.
    2. You may transfer Energy Dollars to other wallets, including wallets which are not Privy Wallets. You are solely responsible for ensuring that the transaction details are correct, including recipient information. Utilising the incorrect information (for example, destination wallet address) may result in your Energy Dollars not being delivered to the incorrect recipient and being irretrievably lost.
    3. Transfers of Energy Dollars to other wallets may incur transaction fees. You will be responsible for any such transaction fees.
    4. By pressing "Confirm" on the transfer confirmation page, you authorise the transfer of Energy Dollars (and, if applicable, any transaction fees), by signing the transaction with the private key on your device.
    5. You may at any time transfer Energy Dollars or other digital assets to your Privy Wallet.

  6. Other important information you should know

    1. All transactions made through your Privy Wallet are final and irreversible. Due to the immutable nature of blockchain technology, once a transaction is submitted and recorded on the applicable blockchain, it cannot be canceled, reversed or refunded. You understand and agree that you are not entitled to any credit, refund or reversal for any completed transaction or redemption of Energy Dollars, including pursuant to Clause 4.6 above.
    2. Fuse reserves the right, without prior notice to you, to change or modify the $ENERGY Terms or any policy, FAQ or guidance relating to the $ENERGY Terms, in whole or in part, at any time and in its sole discretion. Any changes or modifications will be effective immediately and will be posted on our website. Any continued participation by you in the $ENERGY rewards programme after the posting of such modified Terms shall be deemed to indicate your irrevocable agreement to such modified Terms.
    3. Our Privacy Policy is incorporated into the $ENERGY Terms. Your personal information may be shared with Privy to the extent necessary for the creation, set-up and/or maintenance of your Privy Wallet.
    4. In the event of any dispute regarding any aspect of the $ENERGY Terms, our decision shall be final.
    5. We will not be liable to you for:
      1. Any loss due to circumstances beyond our control (Force Majeure event);
      2. Any loss which is indirect, consequential, economic or financial including loss of profit, revenue, goodwill, business, contractor wasted expenses; or
      3. Any loss which was not or could not have been reasonably foreseen even if we, our employees, subcontractors or agents did not follow these $ENERGY Terms.
    6. If you suffer any loss or damage in connection with the $ENERGY rewards programme or which is caused in whole or in part by Fuse's failure to perform any of its obligations under the $ENERGY Terms, our responsibility to you will be limited to a maximum of £1,000 in any calendar year.
    7. We do not limit or exclude liability for death or personal injury caused by our negligent acts or omissions.

  7. Miscellaneous terms

    1. To the fullest extent permitted by law, Fuse makes no representation, guarantee or warranty of any kind in relation to the $ENERGY rewards programme.
    2. You agree to hold Fuse (and any member of the Fuse group) harmless from and against any and all claims, liabilities, damages, claims, judgments, awards, fees, losses and expenses, including reasonable legal fees (together, “Losses”), arising out of or in any way connected with your use of the Privy Wallet or your violation of any applicable law, including (without limitation) where such Losses arise in connection with (a) any deactivation, blocking, access to or lack of access to the Privy Wallet; (b) the use of Privy Wallet by unauthorized parties; (c) your digital asset transactions, including to the extent resulting from errors, interruptions or defects in the underlying technology or protocol; and/or (d) fees or taxes relating to the Privy Wallet and any third-party technologies, in each case excluding any Losses arising out of any gross negligence or wilful misconduct by Fuse.
    3. We may transfer, subcontract, assign or novate any or all of our rights or obligations under the $ENERGY Terms without your consent, but this will not affect your rights under the $ENERGY Terms. You may not assign or transfer any of your rights under the $ENERGY Terms without first obtaining our written consent.
    4. If any provision or part of a provision of the $ENERGY Terms is held to be unlawful or unenforceable, that provision or part thereof shall be deemed severable from the $ENERGY Terms and shall not affect the validity and enforceability of any remaining provisions.
    5. The $ENERGY Terms shall be governed by the laws of England & Wales.
Fuse Energy