FAssets are backed by multiple assets:. ▸ The underlying asset, such as BTC. ▸ Highly liquid stablecoin or ETH collateral.
12 Dec 2023, 10:51
FAssets are backed by multiple assets:
▸ The underlying asset, such as BTC
▸ Highly liquid stablecoin or ETH collateral
▸ FLR/SGB collateral in the community pools
This diversification helps to mitigate risks and ensures the stability of the FAsset system. 🔐