XRP staking soon?
Quote from zerpie on January 14, 2025, 8:56 amDoppler Finance introduces a strategy for XRP staking through Liquid Staking Tokens (LSTs) called xXRP.
Users stake XRP to receive xXRP, which can be traded or used in DeFi protocols.
xXRP can be exchanged back to XRP at any time, providing liquidity for staked assets.
These LSTs can be utilized in liquidity provision, yield farming, and lending protocols to expand DeFi liquidity.
This while Flare Network is eager to introduce XRP staking.
https://twitter.com/doppler_fi/status/1879081028578595171?ref_src=twsrc%5Etfw
Doppler Finance introduces a strategy for XRP staking through Liquid Staking Tokens (LSTs) called xXRP.
Users stake XRP to receive xXRP, which can be traded or used in DeFi protocols.
xXRP can be exchanged back to XRP at any time, providing liquidity for staked assets.
These LSTs can be utilized in liquidity provision, yield farming, and lending protocols to expand DeFi liquidity.
This while Flare Network is eager to introduce XRP staking.
— Doppler Finance (@doppler_fi) January 14, 2025