FAssets protocol
Overview
The FAssets protocol operates on the Flare blockchain, providing a trustless method for representing external assets such as BTC and XRP as native tokens. Its minting and redemption procedure involves two stages, supported by collateral held within smart contracts. Solvency is preserved through a price oracle and automated liquidation processes.
Within The Counterparty graph, FAssets connects to 3 tracked entities, most strongly to Ripple, Flare, Hacken.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ripple | 95% |
deployed_on | Flare | 95% |
audited_by | Hacken | 65% |
Frequently asked questions
What is FAssets?
FAssets is a bridge tracked in The Counterparty knowledge graph. It is connected to 3 other tracked entities, most strongly to Ripple, Flare, Hacken.
What type of entity is FAssets?
FAssets is classified as a bridge (protocol) in The Counterparty knowledge graph.
What is FAssets connected to?
In The Counterparty knowledge graph, FAssets is linked to 3 other tracked entities, most strongly to Ripple, Flare, Hacken.