Feels like the industry is finally starting to recognize the power of liquid staked XRP... or more broadly, XRP DeFi. the simple idea that XRP can actually have a yield attached to it. OK it’s great to see more yield offerings come to market. That shows demand, recognition of the narrative, and even a bit of a paradigm shift 🤏 Meanwhile I think it’s also worth taking a step back to appreciate the vision behind @FlareNetworks Flare didn’t just think 'let’s do a bridge.' It started with: how do you actually improve bridging? 💭 That line of thinking led to a deepr realization - secure asset transfer is really about secure data. Which is why Flare ended up building an entire chain and infrastructure for the most decentralized way of acquiring and verifying data. Once the foundation was there, the next question was: what can bridged assets actually do? That’s why Flare spent enough time to build out a full set of DeFi primitives for FXRP and other big non-smart contract assets. And...
The power of liquid staking: Your XRP earns yield, and keeps working for you across DeFi at the same time.
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