What is FAssets System
Автор: Flare Networks
Загружено: 2025-05-23
Просмотров: 1985
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What is FAssets?
FAssets bring non-smart contract assets like XRP, BTC, and DOGE into DeFi — securely, scalably, and with full custody retained.
Built on Flare’s core protocols, the system enables seamless, non-custodial minting of FXRP directly from XRP on the XRPL. The v1.1 upgrade unlocks unlimited minting of FXRP on Flare, greater capital efficiency, and full composability. FAssets v2 will extend this foundation by integrating Flare’s upcoming TEE-operated wallet protocol — boosting trustlessness and accelerating cross-chain minting and redemption via the advanced security guarantees of TEEs.
Live on Songbird and then Flare.
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