On 28 November 2023, blockchain research and development company Flare Labs launched a test version of the FAssets system on Flare’s Coston testnet. 

2023 年 11 月 28 日，區塊鏈研發公司 Flare Labs 在 Flare 的 Coston 測試網路上推出了 FAssets 系統的測試版本。

The FAssets system enables non-smart contract tokens such as Bitcoin (BTC), (XRP), Dogecoin (DOGE) and others to be used trustlessly with smart contracts on Flare, as per the latest information shared with Finbold.

根據與 Finbold 分享的最新信息，FAssets 系統使比特幣 (BTC)、XRP、狗狗幣 (DOGE) 等非智能合約代幣能夠在 Flare 上的智能合約中以無需信任的方式使用。

By minting these tokens into FAssets, it will be possible to stake them in exchange for yield or rewards in decentralized applications on the Flare network, and once the FAssets are on Flare, tokens can also be bridged to other networks.

透過將這些代幣鑄造成 FAsset，可以將它們抵押以換取 Flare 網路上去中心化應用程式的收益或獎勵，一旦 FAsset 進入 Flare，代幣也可以橋接到其他網路。

“More than 70% of the total value of all blockchain assets do not have smart contracts and therefore can’t be efficiently deployed in DeFi. FAssets enable these legacy assets to be represented on a smart contract chain without requiring a centralized third party,” said Hugo Philion, CEO of Flare Labs. 

「所有區塊鏈資產總價值的 70% 以上沒有智慧合約，因此無法有效部署在 DeFi 中。 FAssets 讓這些遺留資產能夠在智慧合約鏈上代表，而不需要集中的第三方。」Flare Labs 執行長 Hugo Philion 說。

He added:

他加了：

“For developers, it will be a new and trustless means to access new potential users and a large amount of currently untapped value.”

“對於開發者來說，這將是一種新的、無需信任的方式來獲取新的潛在用戶和大量當前未開發的價值。”

Mainnet on the way

主網正在路上

While an initial private Beta of the FAssets system will be conducted on Flare’s Coston testnet, a subsequent implementation will follow on the Songbird canary network before FAssets are launched on the Flare mainnet. 

雖然 FAssets 系統的初始私人測試版將在 Flare 的 Coston 測試網上進行，但在 FAssets 在 Flare 主網上啟動之前，後續實施將在 Songbird canary 網路上進行。

Flare Labs and initial partners are adopting all required roles within the current system, providing the necessary infrastructure during the Beta. 

Flare Labs 和初始合作夥伴正在目前系統中採用所有必要的角色，在測試期間提供必要的基礎設施。

However, the test assets employed during the test period will allow the simulation of market volatility to evaluate the system’s robustness under stress.

然而，測試期間使用的測試資產將允許模擬市場​​波動，以評估系統在壓力下的穩健性。

As the Beta test progresses, external participants will be able to join.

隨著 Beta 測試的進行，外部參與者將能夠加入。

Once FAssets are live on Flare mainnet, in addition to earning DeFi yields, users and dapps will be able to earn FLR tokens from the cross-chain incentive pool as a reward for bringing sustainable value to Flare.

一旦 FAssets 在 Flare 主網上線，除了賺取 DeFi 收益外，用戶和 dapp 還可以從跨鏈激勵池中賺取 FLR 代幣，作為為 Flare 帶來可持續價值的獎勵。