XRP is pumping 📈 And soon holders can put their tokens to work Firelight is a new protocol on Flare that turns FXRP into native yield with no custodians & no workarounds Incubated by Sentora (with a $25M Series A backing) & powered by Flare’s FAssets Here’s how it works 🧵👇
🎬 How it works: Users lock XRP → mint FXRP (1:1 on Flare) → stake into Firelight. You get back stXRP, a liquid staking token that earns fees from decentralized networks like oracles and bridges. Use stXRP across DeFi while still earning yield.
🗒️Three things that stand out: • Real fees: yield comes from networks that rent your stake • Fast exit: under 48h to unstake • No slashing (at launch) + Firelight Points for early users
🔒Security matters: - FXRP is over 2x collateralized (XRP, FLR, stables) - 1:1 XRP backing, plus decentralized reserves and onchain alerts - All powered via Flare’s FDC and soon Protocol Managed Wallets
XRP staking goes live soon 🗓️ And early users earn Firelight Points and boosted rewards. The waitlist is full due to early demand so follow @Firelightfi for more ways to participate. Note: Launch is just the beginning - the XRPFi flywheel starts here...
I'm happy to partner with Flare to help amplify this Firelight launch especially as XRP is capturing everyone's attention
21,9K