The first phase of XRPFi proved demand.
XRP became active capital on Flare with FXRP.
~$200M XRP TVL anchors a $440M ecosystem, with 3.4M+ FXRP DeFi transactions across 16.5K+ users — the largest XRPFi ecosystem in the market.
The next phase is about scale. Three pieces of the stack come online to get us there:
→ More vault choice. New multi-strategy FXRP vaults, with a broader menu across risk profiles, curators, and yield mechanics.
→ FAssets v1.3. Direct minting via XRPL destination tags. The type of rail change that makes exchange-grade FXRP integrations the obvious move.
→ A direct front end with Flare Smart Accounts. Sign in from an XRPL wallet, deposit into FXRP vaults, allocate to strategies — in one signature.
Each piece widens what XRP can do, and who can do it.
Read it all here: https://t.co/qTL1HmRBwQ
Phase 2 unlocks protocol-native DeFi coverage on Firelight!
Protocols will be able to integrate on-chain cover for smart contract, economic, oracle, and bridge risks, while users stake assets into a DeFi cover layer, where funds are secured in non-custodial DeFi cover vaults.
@JRamsey_Truth After all these years it still makes me physically ill that your family is blamed and looked at suspiciously. I'm sorry people are the way they are. Most that share these beliefs have no idea what they are talking about.
@tangagago8 Right?! I don't know why people would even think it would be beneficial to do that. In my opinion it would be obvious when you make a tweet and no engagement. Lol
@NanaUbiz Ummmm he is being followed back. Also I can only follow back 400 a day. I'm limited to even that now. Following back as many as I can. Sorry.
@GlennMcElroy2 I just got a message I'm limited on liking, commenting and follow backs for 3 days. I guess I'm for real in Twitter jail. It says I violated their policy???. 😳☹️😑