For years, the only way to earn on XRP was handing it to a CeFi desk.
The Monarq XRP Yield Vault brings those desk strategies onchain via FXRP on @FlareNetworks, curated by @monarq_mgmt.
7.63M FXRP deposited in the first 4 weeks.
Monarq XRP Yield vault update:
Deposit caps have increased from 5M to 7.5M fXRP.
The @monarq_mgmt XRP Yield Vault allocates XRP across three uncorrelated strategies: institutional options and volatility-selling, basis and funding-rate capture, and on-chain @FlareNetworks DeFi yield.
Live now: the @FlareNetworks × Monarq XRP Yield Vault, powered by @upshift_fi
A multi-strategy $FXRP $XRP yield product spanning CeFi + DeFi, built for scalable, risk-adjusted returns.
Vault: https://t.co/QcPNdz1NYu
“RWAs are a natural expansion for us because that’s where both the liquidity and institutional capital are moving,” said William Purdy, director of business development at Monarq Asset Management. - via @Bloomberg
https://t.co/I3OMHaVsCS
@gizmothegizzer DeFi didn't suck, v1 sucked. v2 is boring, compliant, and generates lower net on stables than the wild west days. The institutional stack isn't "code is law," it's quant trading strategy risk management on decentralized rails. Different vibes~~~