FLOP Testnet Token to Support Real-World Fund Transactions via HTLC

FLOP Labs is set to support the use of its testnet token for real-world fund transactions through Hash Time Lock Contracts (HTLC), according to Odeali. The FLOP Network official documentation explains that HTLC allows users to exchange FLOP tokens with other cryptocurrencies, releasing the locked FLOP once a transaction on an external blockchain is completed.

The testnet will operate for approximately 90 days in Q4 2026, followed by the mainnet launch in Q1 2027, as outlined in the official documentation.