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May 20, 2025 at 04:42 AM
@FlareNetworks FAssets v1.1 didn’t just upgrade minting — it unleashed it.
750,000 $FXRP were minted in just 4 days on Songbird. That’s not a test — that’s demand meeting scalability.
Let’s break down the secret weapon:
The Core Vault (CV) 👇
🔐 What is the Core Vault?
A multi-signature vault on the $XRP Ledger.
Agents send $XRP into the vault → Their $FLR collateral is unlocked on #flare → They can mint more #fxrp instantly.
It’s a flywheel of liquidity:
➡️ Deposit #xrp → Free collateral → Mint more FXRP → Repeat.
No more bottlenecks. No more “collateral full” errors. Just scale.
⚙️ How It Works (Plain English Version):
Agents deposit XRP into the CV on XRPL
Collateral is released on Flare automatically
Vault is protected by time-locked escrows & multisig control
Excess funds?
Locked.
Big withdrawals?
KYC-approved redemptions from CV possible
This isn’t just smart — it’s battle-ready infrastructure for global DeFi.