🔥 Positive Expectations: F,lare Net,,works launches decentralized financing (DeFi) service for currency
$XRP , and FX, RP (FA,ssets) assets coming to Up,,hold.
What you need to know about
#XRPFi :
✔️
#FXRP , a fully secured and non-custodial token, represents
$XRP on the Songbird platform, serving as a gateway for accessing
#XRP to decentralized finance systems.
✔️ FXRP assets, such as FXRP, enable smart contract functionality for XRP on the Flare platform, secured by more than double the collateral and instant verification across chains.
✔️ The native infrastructure of FTSO and FDC in Flare ensures security without the need for external oracles or bridges.
✔️ stXRP will enable liquidity staking, allowing XRP holders to earn rewards while maintaining liquidity.
✔️ Vivo,,Power, a company listed on NASDAQ, has allocated $100 million worth of XRP to be deployed on the Flare network.
✔️ Since the launch of USD₮0, F,lare Net,,works has seen a 300% increase in the total value of its assets.