An audit report on FXRP v1.2 prepared by Zellic is forthcoming. All identified issues have already been resolved. Preparations are now underway for the next phase: a public Code4rena audit competition. The competition, detailed at , will proceed in two stages — a submission phase followed by a reporting phase. FXRP v1.2 will be launched on Songbird and run concurrently with the submission phase of the code4rena audit. Once the Code4rena submission phase concludes, and provided all findings are addressed with no major bugs remaining, FXRP v1.2  can move to Flare mainnet. It is important to note that whilst Code4rena does not determine the launch date; it provides additional, independent assurance of code readiness. Institutional demand for FAssets, from organisations already working with Flare such as @UpholdInc , @Vivo_Power, and others, is strong. However, launch will only proceed if the competition confirms the code’s security and robustness. Security first, always.