Fireblocks has extended Hedera blockchain support with Hedera Token Service (HTS) - the native token standard on Hedera.
Wallet creation funding
Creating a wallet on the Hedera blockchain requires an on-chain storage fee.
- HBAR wallets: the storage fee is covered by the Hedera Foundation. No action is required on your end.
- HTS token wallets: the storage fee is not covered by the Hedera Foundation and therefore you must fund it.
Existing vaults
When you enable a new HTS token on an existing vault, Fireblocks funds the new token account with approximately $0.05 equivalent in HBAR. This operation requires transaction signing.
New vaults
When you enable a new HTS token in a new vault, you can select one of the following funding options:
- First sender covers the fee: the storage fee is deducted when the first incoming transaction occurs. No upfront action is required.
- Fund from the vault HBAR balance: the storage fee is deducted from the vault's HBAR balance immediately after the wallet's creation. This option requires transaction signing.
Both options are available via the API. Set blockchainWalletType as "Unassociated" for the first option, and as "Associated" for the second option.
When using the Console, the first option is applied by default.
How to enable new tokens
- USDC is enabled globally, so no action is required.
- Other HTS tokens can be enabled in a self-serve manner via the Console or the API.
Note: to manage costs more efficiently, use the memo feature to reduce the number of wallets you need to create. Learn more about account and wallet structure.
Block explorers
- Mainnet: https://explorer.arkhia.io/mainnet/
- Testnet: https://testnet.dragonglass.me