FAQ
General
What is BlankFX?
What is BlankFX?
BlankFX is stablecoin FX infrastructure for businesses. It focuses on corridor-based settlement, tight pricing, and a clean audit trail.
How is BlankFX different from Uniswap?
How is BlankFX different from Uniswap?
Uniswap derives swap prices from pool ratios (constant product AMM). BlankFX uses oracle feeds for FX pricing, which means tighter spreads on currency pairs, less price impact on large trades, and a routing model built for FX settlement.
Which networks are supported?
Which networks are supported?
BlankFX is currently live on Ethereum Sepolia (testnet). Ethereum mainnet and Base deployments are planned.
Do I need ETH for gas?
Do I need ETH for gas?
No. BlankFX supports gasless swaps by default. You sign a message and the protocol submits the transaction. The gas cost is included in the swap spread. The only exception is the first-time token approval, which requires a small amount of ETH.
Earning yield
Where does the yield come from?
Where does the yield come from?
Yield comes from trading fees. Every FX swap on BlankFX generates a spread fee, and 100% of that fee goes to liquidity providers. There are no token emissions or inflationary rewards — yield is real revenue from real trades.
Is my deposit locked?
Is my deposit locked?
No. You can withdraw at any time after a 5-minute cooldown following your deposit. There are no lock-up periods or withdrawal penalties.
Do I need to claim rewards?
Do I need to claim rewards?
No. Yield accrues automatically in your pool position. The exchange rate between your receipt tokens and the underlying stablecoin increases over time. When you withdraw, you get back more than you deposited.
Can I lose money as a liquidity provider?
Can I lose money as a liquidity provider?
The main risks are smart contract bugs, oracle malfunctions, and extreme market conditions. Unlike standard AMMs, BlankFX uses oracle-anchored pricing, which eliminates traditional impermanent loss. However, no DeFi protocol is risk-free. Only deposit what you can afford to lose.
Security
Are the smart contracts audited?
Are the smart contracts audited?
A formal audit is planned before mainnet deployment. The contracts are currently deployed on Sepolia testnet for testing and feedback.
What happens if I lose access to my wallet?
What happens if I lose access to my wallet?
BlankFX is non-custodial. The protocol never holds your private keys. If you lose wallet access, you’ll need to recover it through your wallet provider’s recovery process. BlankFX cannot recover funds or reset access.
Is there a bug bounty?
Is there a bug bounty?
A bug bounty program is planned for mainnet launch. Details will be published when available.