🃏 The Jester 🃏

😇 100% Made In The U.S.A. - Doing My Part To Make Humanity Great Again - Lover, Fighter, Spiritual Jedi & Court Jester... God Bless The World!!! 😇

[🃏 The Jester 🃏 @TheJester77]

High Quality Archive...

Scrubbed From YouTube...

The Ultimate Documentary & Red Pill!!!

https://t.co/sPJXg0CqKY

[🃏 The Jester 🃏 @TheJester77]

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[Jesus Rodriguez @jrdothoughts]

https://t.co/PYmcKR4d9i

[🃏 The Jester 🃏 @TheJester77]

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[Firelight @Firelightfi]

Once coverage is live on mainnet, staked vault collateral backs coverage and is slashable (pro-rata & fixed per claim).

The upside? Stakers absorb this risk in exchange for dual rewards: underlying stXRP yield + coverage-related rewards!

[🃏 The Jester 🃏 @TheJester77]

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[blocmates. @blocmates]

https://t.co/V28ACXiGJh

[🃏 The Jester 🃏 @TheJester77]

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[Gaspard Peduzzi | Spectra @GaspardPeduzzi]

Our audit with @certora is out, and I can finally talk about what we've been building.

In parallel to MetaVault V2's work, the team's focus has also been on the infrastructure that enables the Spectra protocol to expand beyond EVM.

The audit with Certora covers one of the key components ahead of the full expansion.

Stellar's onchain ecosystem has grown by over 500% in TVL since the start of last year. The Stellar Foundation is moving fast, and we've seen it firsthand through the level of support they've brought to Spectra. The trajectory is hard to overstate. Institutional assets and interest are arriving there, and fixed-term markets are very much the natural evolution of that landscape.

One thing worth pulling out of this audit: the new Router contract includes the supporting layer for order books on Spectra, scheduled for release this summer.

With an order book, traders can place limit orders on PTs and YTs, market makers can rest liquidity, and larger-sized orders become far easier to execute. The router routes optimally between the book and the pool, which deepens trading activity and fee generation across the protocol.

Excited for Spectra to expand into the Stellar ecosystem and bring its yield tokenization and trading suite to its participants.

[🃏 The Jester 🃏 @TheJester77]

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[Firelight @Firelightfi]

In Phase 2, stakers on Firelight earn two types of rewards: the native staking yield on stXRP and coverage-related rewards funded by program operator premiums and protocol emissions.

The native staking yield and premium income accrue into the vault, increasing the position's redemption value, while protocol-token emissions are distributed separately.

[🃏 The Jester 🃏 @TheJester77]

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[Spectra @spectra_finance]

Spectra's security audit with @Certora has concluded. The audit covered custom cross-chain infrastructure for Principal Tokens, built on a messaging-layer agnostic architecture, with @StellarOrg as the first non-EVM environment the infrastructure supports.

The direction follows where institutional liquidity is heading:

→ DTCC selected Stellar for its tokenization service, with DTC-custodied assets expected on the network in 2027
→ Circle's CCTP went live on Stellar, enabling native USDC transfers
→ Mastercard expanded stablecoin settlement flows within the Stellar ecosystem
→ Institutional RWA issuance on the network continues to grow

Tokenized institutional assets need a yield layer. The infrastructure for that is being built, and its cross-chain foundation has now been audited.

The bridge to Stellar will soon be available in the flagship Spectra app, marking the first step in the Spectra protocol's broader expansion to the network.

Full audit report ↓

[🃏 The Jester 🃏 @TheJester77]

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[Certora @Certora]

We completed the audit of @spectra_finance's bridge, which extends Spectra's protocol capabilities beyond EVM, with @StellarOrg as the non-EVM environment in scope.

Proud to support the team ahead of upcoming releases 🫡

Full report 👇

[🃏 The Jester 🃏 @TheJester77]

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[Jesus Rodriguez @jrdothoughts]

https://t.co/uFo1WvMxan

[🃏 The Jester 🃏 @TheJester77]

#TheRippleEffect
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[Jesus Rodriguez @jrdothoughts]

https://t.co/3oFPwW3XX2

[🃏 The Jester 🃏 @TheJester77]

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[Gaspard Peduzzi | Spectra @GaspardPeduzzi]

MetaVaults delivered. They launched with the key promise: carry liquidity across fixed-term markets.

Tonight, with the expiry of the largest XRP yield market, millions were rolled over into new ones within the bounds of an MV deployment, allowing hundreds of liquidity providers to remain positioned without having to monitor pool expirations or execute manually.

The Spectra protocol retained millions of TVL and enabled deep liquidity for traders on the new markets from the get-go.

Super excited!

[🃏 The Jester 🃏 @TheJester77]

#TheRippleEffect
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[Jesus Rodriguez @jrdothoughts]

https://t.co/jPpFCa1mH5

[🃏 The Jester 🃏 @TheJester77]

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[Firelight @Firelightfi]

The Firelight Claims Consortium will bring independent experts into claims validation.

Launch members will review on-chain evidence and apply coverage terms, avoiding rigid automation and centralized control.

[🃏 The Jester 🃏 @TheJester77]

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[Firelight @Firelightfi]

As DeFi vaults move into consumer-facing platforms, user risk tolerance changes materially.

The less familiar users are with the underlying mechanisms, the more important insurance becomes as a risk-transfer layer. 👇

[🃏 The Jester 🃏 @TheJester77]

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[Spectra @spectra_finance]

https://t.co/CQ0tCDK5Qj

[🃏 The Jester 🃏 @TheJester77]

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[Native @nativeinsurance]

Native is now part of the Firelight Risk Consortium. Proud to be involved.

[🃏 The Jester 🃏 @TheJester77]

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@thisvideo_bot

[Spectra @spectra_finance]

We're joining the broadcast: Inside XRP on Flare!

Tune in as @GaspardPeduzzi shares his view on XRPfi, ongoing developments, and what's next for Spectra in this space, alongside leaders from @FlareNetworks and @Firelightfi.

[🃏 The Jester 🃏 @TheJester77]

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[Flare ☀️ @FlareNetworks]

Missed Inside XRP on Flare with @FlareNetworks, @Firelightfi, and @spectra_finance?

Watch the replay here, or on YouTube we're you can find alpha in our latest X spaces and interviews.

[🃏 The Jester 🃏 @TheJester77]

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[Jesus Rodriguez @jrdothoughts]

A big step for @Firelight. We are nnounding our risk consortium with amazing partners. Thank you
@cyfrin, @CredoraNetwork, @HypernativeLabs, @nativeinsurance, and @labsGFX for the partnership. Lets keep shipping!

[🃏 The Jester 🃏 @TheJester77]

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@thisvideo_bot

[Firelight @Firelightfi]

Join us live 👇

[🃏 The Jester 🃏 @TheJester77]

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[Firelight @Firelightfi]

We’re proud to introduce the Firelight Risk Consortium!

Together with @cyfrin, @CredoraNetwork, @HypernativeLabs, @nativeinsurance, and @labsGFX, the consortium establishes a transparent, neutral review process for onchain cover events.

https://t.co/x7q07SPW9e