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description: BitRexe is bringing a new asset issuance paradigm to @bitcoin
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# First-class Asset

**Background**

Addressing the revenue dilemma of high-performance permisionless chains is crucial. Due to their high throughput, GAS fees on high-performance permisionless chains are often only a fraction of Ethereum's, ranging from one-tenth to one-hundredth. Consequently, network revenue correspondingly decreases to an unsustainable level for daily operations.

EOS, for instance, has sustained its operations by relying on token issuance, while most layer 1 networks are forced into protocol development to survive. The ultimate result is the constriction of space for third-party developers, leading to stagnation in the development of the developer ecosystem.

The introduction of FCA enables BitRexe to better incentivize developers through Commission Fees, embedded in the core logic of the blockchain. When users conduct transfers, a Commission Fee is paid based on the transfer amount, with 80% of this fee directed towards developers. Therefore, as long as developers shift their mindset from speculation on coin prices and liquidity absorption to focusing on how to incentivize user participation in FCA's asset circulation, they stand to gain more income.



BitRexe is bringing a new asset issuance paradigm to @bitcoin 🚀🌟

As fair as inscription, while programmable as ERC-20

Introduce you,

**First-class asset**



🌐 What’s new about it?

Secure than ERC-20, since there's no requirement to interact with a smart contract to store and transfer your digital assets.

Imagine everyone can create ETH on Ethereum. Developers can earn a commission fee through holders' transactions.

| Asset management                   | Smart-contract | Wallet | Preda-VM                       |
| ---------------------------------- | -------------- | ------ | ------------------------------ |
| State Model                        | Account        | UTXO   | Assets as First-class citizens |
| Can call\_data from smart contract | only ETH       | n/a    | every FCA                      |

💱Highly interoperable FCA

To create an FCA with the same interoperability as ETH on Ethereum without the request of creating a new ERC-20 smart contract.

Try it on [https://dapps.dioxide.network/token](https://dapps.dioxide.network/token)



👨‍💻 Higher developers earning

The dilemma of high-performance chains is:

The higher the TPS, the lower the income. As for developers, the situation is even harsher.

FCA enables @BitRexe to better incentivize developers through Commission Fees (%of txn value)



Follow the steps in the this[ Link, ](https://medium.com/@BitRexe/how-to-issue-assets-on-bitcoin-layer-2-bitrexe-in-3-steps-52db69703ef7)create your first FCA.&#x20;
