ECOSYSTEMS Leveraging wrapX

Flare Network

Wrapped Flare Tokens combine the power of the Flare network with the deep liquidity of top-tier stablecoins. All wrapped Flare Tokens are a 1:1 representation of the underlying token allowing users to seamlessly interact with the Flare Network ecosystem.

Merchant

Merchants serve as a gateway for users who want to use wrapped stablecoins on Flare. In order to initiate the minting and burning of the wrapped stablecoin, merchants are required to deposit the equivalent amount of collateral.
Join the Wrapped Flare ecosystem as a merchant with the help of our dedicated team.

User

Users are individuals who hold and use the wrapped stablecoin to make transactions on the Flare blockchain.

Transparency

Our primary objective is to ensure 100% transparency on the process. Visit the Transparency Page for details of Merchants, Orders, and Proof of Assets.

About Flare

Flare is the blockchain for data. It is an EVM-based Layer 1 blockchain that gives developers decentralized access to high-integrity data from other chains and the internet. This enables new use cases and monetization models while allowing apps to serve multiple chains through a single deployment.
‍https://flare.network/