# FXRP Operational Parameters

> FXRP operational parameters on Flare Mainnet and Testnet.

> For the complete documentation index, see [llms.txt](/llms.txt). Markdown versions of documentation pages are available by appending `.md` to the page URL.

Source: https://dev.flare.network/fxrp/parameters

This page lists the current values for key parameters relevant to FXRP on **Flare Mainnet** and **Flare Testnet Coston2**. For the complete list of FAssets operational parameters, see the [FAssets Operational Parameters](/fassets/operational-parameters) page.

## Minting and Redemption[​](#minting-and-redemption "Direct link to Minting and Redemption")

Parameter

XRP

**Minting cap**   
`mintingCapAMG`  
Total amount of allowed FAssets in circulation. Once reached, no more FAssets can be minted until some are redeemed. This is intended as a security measure. In the final deployment, this cap will be gradually increased and finally removed.

170M XRP

[**Lot size**](/fassets/redemption#lots)   
`lotSizeAMG`  
Minimum quantity required for minting FAssets.

10 XRP

**Collateral reservation fee (CRF)**   
`collateralReservationFee`  
Fee applied when reserving collateral for minting..

0.01%

[**Redemption fee**](/fassets/redemption#agent-fee)   
`redemptionFee`  
Agent fee on the amount left after the system redemption fee. The agent pays the redeemer what remains and keeps this fee, then shares part of it with that agent's collateral pool.

0.18%

[**System redemption fee**](/fassets/redemption#system-fee)   
`systemRedemptionFeeBIPS`  
Taken first from the redeemed amount and minted as FAssets to the system redemption fee receiver. A zero receiver disables the fee. Skipped on a transfer to the core vault.

0.02%

[**System redemption fee receiver**](/fassets/redemption#system-fee)   
`systemRedemptionFeeReceiver`  
Address that receives the system redemption fee. The zero address disables the fee.

[`0x6E815bB968e32f91C7e273b9e1CDAE2825Bf8F3a`](https://flare-explorer.flare.network/address/0x6E815bB968e32f91C7e273b9e1CDAE2825Bf8F3a "Open address in Flare Mainnet explorer")

[**Redemption default premium**](/fassets/redemption#redemption-payment-failure)   
`redemptionDefaultPremium`  
Premium paid if an agent fails to meet redemption obligations.

5%

**Maximum redemption tickets**   
`maxRedeemedTickets`  
Maximum number of tickets redeemed in a single request.

20

Parameter

XRP

**Minting cap**   
`mintingCapAMG`  
Total amount of allowed FAssets in circulation. Once reached, no more FAssets can be minted until some are redeemed. This is intended as a security measure. In the final deployment, this cap will be gradually increased and finally removed.

\-

[**Lot size**](/fassets/redemption#lots)   
`lotSizeAMG`  
Minimum quantity required for minting FAssets.

10 XRP

**Collateral reservation fee (CRF)**   
`collateralReservationFee`  
Fee applied when reserving collateral for minting..

0.1%

[**Redemption fee**](/fassets/redemption#agent-fee)   
`redemptionFee`  
Agent fee on the amount left after the system redemption fee. The agent pays the redeemer what remains and keeps this fee, then shares part of it with that agent's collateral pool.

0.5%

[**System redemption fee**](/fassets/redemption#system-fee)   
`systemRedemptionFeeBIPS`  
Taken first from the redeemed amount and minted as FAssets to the system redemption fee receiver. A zero receiver disables the fee. Skipped on a transfer to the core vault.

0.02%

[**System redemption fee receiver**](/fassets/redemption#system-fee)   
`systemRedemptionFeeReceiver`  
Address that receives the system redemption fee. The zero address disables the fee.

[`0x6E815bB968e32f91C7e273b9e1CDAE2825Bf8F3a`](https://coston2-explorer.flare.network/address/0x6E815bB968e32f91C7e273b9e1CDAE2825Bf8F3a "Open address in Flare Testnet Coston2 explorer")

[**Redemption default premium**](/fassets/redemption#redemption-payment-failure)   
`redemptionDefaultPremium`  
Premium paid if an agent fails to meet redemption obligations.

5%

**Maximum redemption tickets**   
`maxRedeemedTickets`  
Maximum number of tickets redeemed in a single request.

20

Parameter

XRP

**Minting cap**   
`mintingCapAMG`  
Total amount of allowed FAssets in circulation. Once reached, no more FAssets can be minted until some are redeemed. This is intended as a security measure. In the final deployment, this cap will be gradually increased and finally removed.

750k XRP

[**Lot size**](/fassets/redemption#lots)   
`lotSizeAMG`  
Minimum quantity required for minting FAssets.

10 XRP

**Collateral reservation fee (CRF)**   
`collateralReservationFee`  
Fee applied when reserving collateral for minting..

0.5%

[**Redemption fee**](/fassets/redemption#agent-fee)   
`redemptionFee`  
Agent fee on the amount left after the system redemption fee. The agent pays the redeemer what remains and keeps this fee, then shares part of it with that agent's collateral pool.

0.5%

[**System redemption fee**](/fassets/redemption#system-fee)   
`systemRedemptionFeeBIPS`  
Taken first from the redeemed amount and minted as FAssets to the system redemption fee receiver. A zero receiver disables the fee. Skipped on a transfer to the core vault.

0%

[**System redemption fee receiver**](/fassets/redemption#system-fee)   
`systemRedemptionFeeReceiver`  
Address that receives the system redemption fee. The zero address disables the fee.

[`0x0000000000000000000000000000000000000000`](https://songbird-explorer.flare.network/address/0x0000000000000000000000000000000000000000 "Open address in Songbird Canary-Network explorer")

[**Redemption default premium**](/fassets/redemption#redemption-payment-failure)   
`redemptionDefaultPremium`  
Premium paid if an agent fails to meet redemption obligations.

5%

**Maximum redemption tickets**   
`maxRedeemedTickets`  
Maximum number of tickets redeemed in a single request.

20

Parameter

XRP

BTC

DOGE

**Minting cap**   
`mintingCapAMG`  
Total amount of allowed FAssets in circulation. Once reached, no more FAssets can be minted until some are redeemed. This is intended as a security measure. In the final deployment, this cap will be gradually increased and finally removed.

none

none

none

[**Lot size**](/fassets/redemption#lots)   
`lotSizeAMG`  
Minimum quantity required for minting FAssets.

20 XRP

0.0004 BTC

100 DOGE

**Collateral reservation fee (CRF)**   
`collateralReservationFee`  
Fee applied when reserving collateral for minting..

0.1%

0.1%

0.1%

[**Redemption fee**](/fassets/redemption#agent-fee)   
`redemptionFee`  
Agent fee on the amount left after the system redemption fee. The agent pays the redeemer what remains and keeps this fee, then shares part of it with that agent's collateral pool.

0.1%

0.1%

0.1%

[**System redemption fee**](/fassets/redemption#system-fee)   
`systemRedemptionFeeBIPS`  
Taken first from the redeemed amount and minted as FAssets to the system redemption fee receiver. A zero receiver disables the fee. Skipped on a transfer to the core vault.

0%

\-

\-

[**System redemption fee receiver**](/fassets/redemption#system-fee)   
`systemRedemptionFeeReceiver`  
Address that receives the system redemption fee. The zero address disables the fee.

[`0x0000000000000000000000000000000000000000`](https://coston-explorer.flare.network/address/0x0000000000000000000000000000000000000000 "Open address in Songbird Testnet Coston explorer")

\-

\-

[**Redemption default premium**](/fassets/redemption#redemption-payment-failure)   
`redemptionDefaultPremium`  
Premium paid if an agent fails to meet redemption obligations.

10%

10%

10%

**Maximum redemption tickets**   
`maxRedeemedTickets`  
Maximum number of tickets redeemed in a single request.

20

20

20

What's next

Explore our [FXRP address](/fxrp/token-interactions/fxrp-address), [minting](/fassets/developer-guides/fassets-mint), and [redemption](/fassets/developer-guides/fassets-redeem) guides to get started with FXRP.

For the complete list of all FAssets parameters including collateral ratios, liquidation, and agent settings, see the [FAssets Operational Parameters](/fassets/operational-parameters) page.
