3 days ago

XRP Holders May Earn New Yield From Firelight DeFi Coverage

TLDR Firelight plans to use deposited FXRP as collateral to back DeFi coverage, letting XRP holders earn premiums as yield. Withdrawal times could stretch from today’s 1-2 days to roughly 30-60 days once 30-day coverage periods begin. Rewards stop the moment a holder starts unstaking, even though the exit process can take weeks to finish. [...]

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Source: Blockonomi →