On June 6th, Flare Networks announced the official launch of the open beta version of its FAssets system. The test will be conducted in two phases, and a retrospective airdrop reward is planned. The FAssets system allows users to map assets on different blockchains (such as XRP, LTC, DOGE, etc.) to the Flare network, enabling these assets to be used on Flare and participate in applications such as DeFi.