βFrequently Asked Questions
Find answers to your questions about Fiorin wallet here
What is Fiorin?
Fiorin is a Web3 wallet with an integrated Ethereum bridge for USDC
, USDT
and DAI
ERC20 stablecoins. Crucially, Fiorin reimburses ALL Ethereum gas costs!
Why not get yourself set up? It takes less than 2min:
πGet Started with FiorinWhy does my Fiorin wallet say +$ bounty?
+$ bounty indicates that you have been credited with Bounty. Bounty is free money you can use to trade on DXS.
Bounty is rewarded every time a user receives or sends USDC, USDT
or DAI
using Fiorin wallet's built-in Ethereum ERC20 bridge.
To learn more, check out the below link:
πEarning Bounty (gas fees)Is Fiorin safe to use?
Fiorin's security design takes into account the lessons learned from other Web3 wallets and on-chain bridges. We built Fiorin in a way that even if production servers are compromised, user funds will remain safe. Real-time public reconciliation of the bridge treasury balance with the total supply of wrapped tokens adds additional transparency.
The Technology section of the FAQ addresses both wallet and bridge security in detail:
π΅Wallet SecurityπBridge SecurityWhat is a Web3 wallet?
Web3 wallets are the gateway to the next generation web-apps, where digital cash is used for frictionless payments. Web3 wallets allow users to securely store their digital assets (such as stablecoins) as well as interact with smart contracts and applications built on blockchain networks.
Is Fiorin non-custodial / self-custodial?
Fiorin is a fully non-custodial / self-custodial Web3 wallet! Users are in control of their funds at all times! Users are responsible for making sure they record and store their seed phrase securely:
π΅Wallet SecurityWhat are stablecoins?
Stablecoins are a type of cryptocurrency designed to maintain a stable (typically USD) value. Fiorin supports the three most popular stablecoins, USDC, USDT
and DAI
What network does Fiorin use?
Fiorin is integrated with the Ethereum network and supports ERC20 stablecoins. Fiorin does so by utilising an in-app Ethereum smart contract.
How does Fiorin have free transactions?
Fiorin wraps ERC20 stablecoins as STAS tokens on the Bitcoin SV (BSV) network. BSV has near-zero transaction fees, allowing Fiorin to offer free transactions to its users.
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