Yesterday, @moremarketsxyz XRP Earn Account has reached the cap at $9MM+. It looks pretty small in number, but @moremarketsxyz team has been working really hard to get this done over the line since our rebrand in March. This was the ultimate test as to whether there is strong market demand for idle asset holders to earn real yield on their assets. What's really exciting is that this is pure XRP retail coming to deposit without a points / liquidity provider (LP) program. It's just simply a user-friendly product that gives democratic access to yield that wasn't possible before. Building the first on-chain XRP account obviously comes with its own challenges: > XRPL doesn't have native smart contract capability. We use @NEARProtocol's Chain Signatures to achieve a similar functionality in a decentralised manner. > There are not that many message passing systems in and out of the XRPL. > XRP markets on Ethereum are very limited. Big shout to @electriccapital and @term_labs helping us getting this over the finish line. I'm also very excited for the @flarenetworks FAssets bridge launch, as I believe this will change the on-chain landscape for XRP. More.