🔥 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 guaranteed 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 the smart contract functionality of XRP on the Flare platform, secured by more than double the collateral and instant cross-chain verification.
✔️ 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 the Nasdaq, has allocated $100 million in XRP for deployment on the Flare network.
✔️ Since the launch of USD₮0, F,lare Net,,works has seen a total asset value increase of 300%.