Layer 1 blockchain Flare jointly launches XRP yield product earnXRP
Foresight News reported, according to The Block, that Layer 1 blockchain Flare has announced the joint launch of the XRP yield product earnXRP with DeFi platform Upshift Finance, which provides yield vault infrastructure, and on-chain risk management company Clearstar. This product allows users to deposit FXRP (the wrapped version of XRP on Flare) into a single vault, which will deploy funds into various on-chain strategies to generate yield denominated in XRP.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Prediction market Kalshi now supports BSC on-chain deposits
Stablecoin payment infrastructure Coinbax completes $4.2 million seed round financing
Kalshi: Prediction markets outperform Wall Street consensus in inflation forecasting
Circle has just minted 500 million USDC on the Solana network.
Trending news
MoreCrypto prices
More
