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![nello777 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1409943178786996227.png) Nelson [@nello777](/creator/twitter/nello777) on x 1548 followers
Created: 2025-07-23 08:29:13 UTC

understanding the risks around FXRP and your XRP collateral is crucial before participating. Let me break this down clearly for you:

FXRP is a trustless, decentralized representation of XRP on the Flare Network. It’s pegged 1:1 with XRP and backed by a collateralized system involving agents who lock up capital to mint FXRP for you.


XXX engagements

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**Related Topics**
[mint](/topic/mint)
[decentralized](/topic/decentralized)
[flare network](/topic/flare-network)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/nello777/status/1947937029523935294)