XRP staking upcoming
zerpie@zerpie
203 Posts
#1 · April 13, 2025, 11:25 pm
Quote from zerpie on April 13, 2025, 11:25 pmFirelight is set to launch XRP staking on the Flare Network in Q2 2025, offering XRP holders a chance to earn passive income.By staking XRP, users will receive liquid staking tokens (LSTs) to use in DeFi protocols while their XRP remains locked for a – presumably – 3-day bonding period.Firelight, backed by IntoTheBlock, emphasizes security with audited smart contracts and a real-time economic risk dashboard.This initiative aims to boost XRP’s utility in DeFi, with rewards from staking and fees shared among users.https://twitter.com/FlareNetworks/status/1911524705242145270?ref_src=twsrc%5Etfw
Firelight is set to launch XRP staking on the Flare Network in Q2 2025, offering XRP holders a chance to earn passive income.
By staking XRP, users will receive liquid staking tokens (LSTs) to use in DeFi protocols while their XRP remains locked for a – presumably – 3-day bonding period.
Firelight, backed by IntoTheBlock, emphasizes security with audited smart contracts and a real-time economic risk dashboard.
This initiative aims to boost XRP’s utility in DeFi, with rewards from staking and fees shared among users.
Summer 2025: Ripple builds the rails. Flare unlocks the playground.
It wasn’t luck. You were meant to see this ☀️
— Flare ☀️ (@FlareNetworks) April 13, 2025
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Last edited on April 13, 2025, 11:26 pm by zerpie