Firelight Phase 2 is approaching!
In Phase 2, existing positions will automatically migrate into active staking, protocol emissions will begin streaming, slashing goes live, and staked capital starts backing cover.
Here's a summary of the key changes
https://t.co/jXZB19GWPN
In Phase 2, stake $FXRP to back active coverage and earn rewards from two sources: underlying stXRP emissions + protocol rewards funded by program operators and emissions.
Validated claims can trigger pro-rata slashing if the First-Loss Buffer is exhausted.
Learn more. 👇
Every @Firelightfi action on Luminite still counts. ☀️
Stake your XRP through Firelight on Luminite and you'll continue earning Firelight Points, just as you would on the native platform.
Those points can help you qualify for future Firelight rewards and ecosystem incentives as they're rolled out.
The difference? You get the same Firelight-compatible experience without leaving Luminite or connecting to another platform.
The horse-and-carriage analogy in @ConnorSullie’s piece captures the exact transition underway as @RobinhoodApp embeds @Morpho vaults into everyday products for millions of users.
Traditional cover handles familiar cyber risks yet leaves correlated on-chain failures opaque and limited, and that model will not scale as serious capital moves in.
Native on-chain primitives like the continuous, verifiable cover @FirelightFi builds around $XRP staking will become the protection layer that lets DeFi operate as trusted mainstream rails.
Buried in here: @Firelightfi wasn't built for @FlareNetworks .
It was commissioned by Flare - open call, answered by Sentora, seeded with Flare's own capital.
Useful context for the part where he explains how well managed the risk is.
Firelight is a good one for builders to look under the hood.
The docs break down how the FXRP vault works at contract level, including ERC-4626 deposits and withdrawals, period logic, events and functions, alongside the broader Phase 2 cover design.
Worth digging into the implementation: https://t.co/EXZy0OxZ6F
⚡ The @Firelightfi Audit Competition is coming.
A new competition is launching soon to find eligible bugs in the Firelight code.
🗓️Aug 12 - 25, 2026
Reward pool announced tomorrow. Stay tuned. 👀
Firelight combines on-chain risk protection with sustainable staking rewards, creating a safer DeFi experience for users and institutions alike.
Built for institutional-grade resilience, designed to secure the future of on-chain finance.
Built for institutions. Designed for everyone.
Firelight was developed alongside leading institutional technology partners, and incubated by @SentoraHQ, a market leader in institutional DeFi that curates 1,000+ risk management models with billions deployed into DeFi strategies.
@Firelightfi FLT Genesis allocation live
Eligible addresses identified by FXRP stake, cover participation, and early protocol activity.
👉 Check your wallet
https://t.co/Pa2P0rn4ap
Had the great pleasure of spending the past 5 days with @HofstraBaseball and this great coaching staff. Totally first class organization. It all starts at the top. Best of luck the rest of the season!!
𝒜𝓃 𝒜𝒞𝐸 𝒪𝒻 𝒜 𝒟𝑒𝒷𝓊𝓉
Freshman Karson Catalanotto made her #Hofstra debut this weekend and shined from the serving line! Karson had five service aces this weekend, including four in her first career match on Friday!
#PrideOfLI