# 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.

70M XRP

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

10 XRP

[**Collateral reservation fee (CRF)**](/fassets/minting#collateral-reservation-fee)   
`collateralReservationFee`  
Fee applied when reserving collateral for minting..

0.01%

[**Redemption fee**](/fassets/redemption#redemption-fee)   
`redemptionFee`  
Fee charged during redemption of FAssets.

0.2%

[**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.

none

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

10 XRP

[**Collateral reservation fee (CRF)**](/fassets/minting#collateral-reservation-fee)   
`collateralReservationFee`  
Fee applied when reserving collateral for minting..

0.1%

[**Redemption fee**](/fassets/redemption#redemption-fee)   
`redemptionFee`  
Fee charged during redemption of FAssets.

0.5%

[**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/minting#lots)   
`lotSizeAMG`  
Minimum quantity required for minting FAssets.

10 XRP

[**Collateral reservation fee (CRF)**](/fassets/minting#collateral-reservation-fee)   
`collateralReservationFee`  
Fee applied when reserving collateral for minting..

0.5%

[**Redemption fee**](/fassets/redemption#redemption-fee)   
`redemptionFee`  
Fee charged during redemption of FAssets.

0.5%

[**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/minting#lots)   
`lotSizeAMG`  
Minimum quantity required for minting FAssets.

20 XRP

0.0004 BTC

100 DOGE

[**Collateral reservation fee (CRF)**](/fassets/minting#collateral-reservation-fee)   
`collateralReservationFee`  
Fee applied when reserving collateral for minting..

0.1%

0.1%

0.1%

[**Redemption fee**](/fassets/redemption#redemption-fee)   
`redemptionFee`  
Fee charged during redemption of FAssets.

0.1%

0.1%

0.1%

[**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.