Introduced in FAssets v1.1. Segregates underlying native assets (such as XRP) into on-chain institutional multi-sig vaults, eliminating single-operator exit scams and drastically improving capital efficiency.
FAssets
Read moreGlossary
Core Vault
A shared multi-sig vault on source chains preventing single-agent custody risk.
Related terms
- AgentIndependent participants posting collateral and facilitating source asset custody and redemption.
- FAssetsDecentralized, trustless framework bridging non-smart contract assets onto Flare as ERC-20 tokens.
- FXRPThe first live FAsset on Flare, backed 1:1 by native XRP on the XRP Ledger.
- LiquidationAutomated protocol mechanism restoring solvency when an agent's collateral falls below safety thresholds.
- ChallengerWatchdogs who detect and submit proof of unauthorized agent transactions to trigger liquidation.