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Core Vault by Flare Changes the Way Liquidity Is Handled

  • Flare has launched Core Vault in FAssets version 1.1 to optimize liquidity and ensure security.
  • The Core Vault allows agents to transfer XRP to a dedicated vault address on the XRP Ledger and utilize their FLR collateral to print more FAssets or rearrange existing collateral.
  • The Core Vault follows a daily routine of releasing funds from the previous day, processing withdrawal requests, and re-locking remaining XRP to enhance security.
  • Flare is developing Flare 2.0, with features such as Trusted Execution Environments (TEEs) for cross-chain transactions, a partnership with Goldsky for faster data processing, and collaboration with ChainPatrol for enhanced security against digital attacks.

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