ƒxyzƒxyz Network
The NetworkTechnologyDistributed Ledgers

Solana

Primary blockchain for fxyz Network tokens, certificates, and on-chain programs

Solana

ƒxyz Network runs on Solana as its primary chain. We use Token-2022 (SPL Token Extensions) for Florin, membership certificates, and compliance-aware tokens.

Why Solana

  • Speed: ~400ms block times, sub-second finality
  • Cost: Transactions cost fractions of a cent
  • Token-2022: Native support for confidential transfers, non-transferable tokens, interest-bearing tokens, and metadata extensions
  • Ecosystem: Anchor framework, Phantom/Solflare wallets, Jupiter aggregator

What We Use

Token-2022 Extensions

ExtensionUse Case
Non-TransferableMembership certificates (soulbound)
Confidential TransferPrivacy-preserving value transfer (planned)
MetadataOn-chain token metadata without Metaplex
Transfer HookCustom logic on token transfers

On-Chain Programs

Custom Anchor programs for:

  • Florin token mint and distribution
  • Certificate issuance and verification
  • Multi-sig operations via Squads

Cross-Chain

Bridge.xyz for fiat on/off ramps. Multi-chain token bridging to Ethereum, Base, and Polygon for liquidity access.

Technical Stack

  • Framework: Anchor (Rust)
  • Wallet Auth: Privy v3 with embedded Solana wallets
  • RPC: Helius for mainnet-beta
  • Explorer: Solscan, Solana FM

For more on Solana, see solana.com.

References