XRP is one of the largest assets in the market but its utility in DeFi remains limited
@moremarketsxyz is changing that by turning XRP into a yield-generating asset with real DeFi use cases
XRP Flare Account, powered by MoreMarkets, now connects with @Firelightfi to enable sustainable DeFi yields for XRP holders
Users can now deploy FXRP to Firelight’s vaults and receive stXRP, a 1:1 backed liquid staking token within the @FlareNetworks DeFi
With stXRP, users can:
+ Earn Firelight points
+ Generate staking yield
+ Collect protocol fees from DeFi coverage purchases similar to dividend income
And combine MoreMarkets’ smooth UX and powered by intent from NEAR, this collaboration combines yield, experience, and utility into one unified stack
As Firelight enters Phase 2 with DeFi cover integrations, both protocols are positioned to attract institutional adoption, increase TVL, and onboard yield-seeking capital
This niche real yield for XRP through native DeFi coverage gives MoreMarkets a strong chance to become the go-to protocol for XRP holders looking to unlock more from their assets
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