Make your $XRP earn while you sleep.
With @FlareNetworks, XRP goes from hold → yield.
Here’s how to farm it 🧵
1/ Despite XRP’s $170B+ cap, it is still mostly idle.
Now the era has changed.
Finally, you can mint FXRP (1:1) without giving up your XRP.
Route to DEX/loans, and compound 👇
So you’ve minted FXRP and wondering what to do with it?
You can already put it to work by:
☀️Supplying FXRP on @Kinetic_Markets to their FXRP ISO Market
☀️Adding liquidity to FXRP / USDT0 pools on @SparkDexAI, @BlazeSwapdex, @Enosys_global
☀️Trading perps on @flamix_trade using FXRP as collateral
☀️ Next up for FXRP → collateral for CDPs via @Enosys_global along with liquid staking (stXRP) and curated vaults via @Firelightfi.
This is just the beginning.
2/ Here’s the play:
XRPFi on Flare’s FAssets upgrades XRP to FXRP:
> self-custodied, DeFi-native collateral
It becomes a yield-farming asset without compromising its security or liquidity.
3/ Convert XRP → FXRP (1:1) on Flare.
Once you mint FXRP:
You can farm with FXRP and stXRP on @SparkDexAI, @enosys_global, or @blazeswapdex.
Build LPs, boost yields, and compose your DeFi strategy.
4/ FXRP minting is simple.
Send XRP to a registered Agent on XRPL.
FXRP mints on Flare only when collateral is ≥130% of the minted value.
XRP → Agent (XRPL) → proof → collateral locked (≥130%) → mint on Flare.
5/ Flare is growing: has a TVL of $146.63m.
DEX volume holds up.
For $FLR: Fully diluted valuation (FDV) is $2.65B
FXRP's market cap surged to $4.09 million, vaulting it to the 7th spot among Flare's leading assets.
6/ What you can do with FXRP/stXRP
> Borrow & Lend: Use FXRP on Kinetic for liquidity.
> Liquid Staking: Secure your XRP via @Firelightfi.
Earn points now; expect protocol fees in Phase 2.
> Stablecoins with XRP: Borrow stablecoins with FXRP and reinvest.
7/ XRP isn’t just a bridged asset anymore.
With Flare, it becomes your collateral, liquidity, and economic security, while transforming into a powerful yield-generating powerhouse.
XRPFi is set to deploy massive idle XRP liquidity into DeFi 👀
We are early. Have you started farming?
@splinter0n @0xDefiLeo @0xAndrewMoh @AlphaFrog13 @alphabatcher @0xHvdes @DeRonin_ @cryppinfluence @eli5_defi @Defi_Warhol @thekuchh @belizardd
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