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❓Frequently 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:

🚀Get Started with Fiorin

Why 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:

🏆Earning 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:

💵Wallet Security🔒Bridge Security

What 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:

💵Wallet Security

What are stablecoins?

Stablecoins are a type of cryptocurrency designed to maintain a stable (typically USD) value. Fiorin supports the three most popular stablecoins, USDC, USDTand 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.

Up to 200% of any gas fees paid while using Fiorin are immediately credited to your Bounty account on DXS. Once ERC20 stablecoins are in Fiorin, all transactions are free!

Earning Bounty (gas fees)

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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