About FAssets
FAssets is a trustless, over-collateralized bridge protocol on Flare that lets users mint wrapped versions of non-smart contract assets (e.g. XRP, BTC, DOGE) to use in DeFi, backed by on-chain collateral and Flare’s data oracles
CollateralizedBridgeOracle
B-Tier
Worth a look
Confidence:Speculative
Hopium-based speculation
How to Farm
- 1. Connect wallet to FAssets bridge
- 2. Deposit BTC or other assets as collateral
- 3. Mint FAssets (wrapped tokens) on Flare
- 4. Use FAssets in Flare DeFi ecosystem
- 5. Earn rewards for minting and holding FAssets
Frequently Asked Questions
What is the FAssets airdrop?▼
FAssets is a trustless, over-collateralized bridge protocol on Flare that lets users mint wrapped versions of non-smart contract assets (e.g. XRP, BTC, DOGE) to use in DeFi, backed by on-chain collateral and Flare’s data oracles
How do I qualify for the FAssets airdrop?▼
Complete the farming steps: Connect wallet to FAssets bridge, Deposit BTC or other assets as collateral, Mint FAssets (wrapped tokens) on Flare, Use FAssets in Flare DeFi ecosystem, Earn rewards for minting and holding FAssets.
Is the FAssets airdrop confirmed?▼
Speculative: Hopium-based speculation
