We are preparing to launch FAssets v1.2 on Songbird next week. This launch is part of our multi-layered security process. We've completed the @zellic_io audit and have high confidence in the code's robustness based on internal reviews. The final Zellic audit report is forthcoming. To facilitate this launch, a scheduled system upgrade is required on Wednesday, August 20th. The FAssets system will be paused for up to 8 hours, starting in the morning UTC. During this time, minting and redemption of FAssets will be temporarily unavailable. Once the upgrade is complete, FAssets v1.2 will be live on Songbird. No action is required from collateral providers, token holders and any users. We will notify you once the upgrade is completed and FXRP v1.2 is fully functional on Songbird. Thank you for your continued support as we build out the future of XRPFi and beyond ☀️
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