It's finally happening!
Today, we're launching @moremarketsxyz on mainnet with our first flagship earn account: the XRP Earn Account.
This is the first-ever on-chain XRP product with yield sourced from @Ripple's own stablecoin, RLUSD, through protocols like @aave.
@moremarketsxyz’s vision is to open up yield strategies that have traditionally been accessible only to the wealthy and hedge funds.
We chose XRP as the first asset because:
(i) it’s beloved by retail investors,
(ii) it currently lacks native yield, and
(iii) it represents a user base that has been largely underserved by the growing world of DeFi.
We designed the app to be as simple as possible:
(i) You can log in using your social credentials or via @xamanwallet, a well-known wallet brand in the XRP community.
(ii) Once logged in, all you need to do is on-ramp funds and deposit into your XRP account.
Traditionally, these steps would require 3–4 different front-ends to swap, bridge, and deposit, but @moremarketsxyz handles it all in a single interface, with one button, thanks to partners like @nearprotocol and @wormhole.
Opening XRP strategies to retail is just the beginning. We're already working on several more products, some designed to generate yield on staked assets, others targeting yields not yet available on-chain.
Crypto remains the best vehicle for unlocking financial opportunity, especially for those historically excluded from the privileges the wealthy take for granted.
I'm excited that @moremarketsxyz will play a role in changing that.
Check out the thread below and find the app to get started ↓
@moremarketsxyz @Ripple @aave Find the app here:
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