FXRP helps XRP work in more places and boosts activity on both XRPL and Flare.
XRPL users will be able to trigger FXRP actions right from XRPL (via memo notes) to earn yield or use apps, no need to touch Flare directly.
With FXRP, people can stake, provide liquidity, and even borrow against their XRP without selling it (which can help with taxes).
This brings more liquidity and visibility to XRP, while including institutions and retail.
FAssets minting caps progress and the month ahead;
Week 1: 5m ✅
Week 2: 10m ✅
Week 3: 20m ⌛️
Week 4: 35m ⌛️
Week 5: 50m ⌛️
Week 6: 70m ⌛️
Next week’s cap doubling will be interesting ... will it fill as quickly as weeks one and two? 🤔