Get snFIAT
The utility of snFIAT liability tokens
snFIAT represents a liability token pegged to the value of FIAT currencies and used to draw down equity against Trade Receivable NFTs that have been deposited into nReserve smart contracts.
snFIAT is not redeemable for FIAT and is not explicitly equivalent to nFIAT or cnFIAT.
The below page provides more details regarding Trade Receivable NFTs:
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