Frequently Asked Questions
Common questions about Floating Point Protocol
What is a Floating Point (FP)?
A Floating Point is a privacy-preserving token with a fixed value of $10 USDT. Each FP is backed 1:1 by USDT collateral stored in the Treasury smart contract.
How does privacy work?
FPP uses a combination of Zero-Knowledge Proofs (ZKP) and Ring Signatures. ZK proofs verify transaction validity without revealing amounts, while ring signatures hide the sender among a group of decoy signers.
Why is there a 24-hour withdrawal delay?
The timelock provides security against potential attacks. If suspicious activity is detected, the protocol can pause withdrawals before funds leave the system.
Can I trade FP tokens on exchanges?
No. FP tokens are designed for private payments, not speculation. They can only be minted by depositing USDT and burned by redeeming USDT through the protocol.
What happens if I lose my private keys?
Your Floating Points are controlled by your wallet. If you lose access to your wallet, you lose access to your FP tokens. Always backup your wallet securely.
Is the protocol audited?
Yes. The smart contracts have been audited by independent security firms. Audit reports are available on the Security page.
How are the decoy points selected?
FPP uses a gravity-weighted random selection algorithm. Points with higher 'mass' (age × value) have a higher probability of being selected as decoys, improving privacy.
What is the minimum transaction amount?
The minimum is 1 FP ($10 USDT). This fixed denomination simplifies the privacy model and prevents amount correlation attacks.
Can regulators see my transactions?
By default, transactions are private. However, users can optionally enable Audit Mode, which generates view keys that can be shared with authorized parties for compliance.
What networks are supported?
Currently, FPP is deployed on Ethereum Mainnet. Support for additional EVM-compatible chains is planned for future releases.