Flare (FLR)

How can Flare’s data protocols support asset tokenization?

Issuing a token is just one part.

The system also needs to know what the underlying asset is worth and verify what happens to it outside the blockchain.

The FTSO provides decentralized pricing that can be used for collateral, minting, liquidation, and redemption.

The FDC verifies external events such as deposits, payments, transfers, or redemptions before the token supply changes.

In simple terms:

- FTSO tells the protocol what the asset is worth.

- FDC proves the event that allows the protocol to mint, burn, or release it.

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