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Stake your FXRP on Firelight: Now live | Flare Firelight is live on Flare, introducing the first staking layer for XRP The launch adds another foundational layer to Flare's expanding DeFi stack
Firelight – A Protocol for DeFi Cover When you stake XRP through Firelight, the protocol automatically issues you a liquid staking token (LST) that represents your staked XRP This token enables you to not only capture Firelight rewards, but also explore DeFi opportunities while your principal remains staked
XRP Staking Arrives with the Launch of Firelight Protocol The newly launched Firelight Protocol introduces staking rewards for XRP through a novel on-chain economic security primitive designed to protect DeFi assets from exploits
Firelight unveils XRP staking on Flare for DeFi insurance Firelight launched its XRP staking protocol on the Flare Network today, allowing users to stake wrapped XRP (FXRP) and receive liquid staking tokens (stXRP) for DeFi applications while preparing for insurance-backed rewards
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Firelight Launches XRP Staking Protocol on Flare With Insurance-Backed . . . Firelight Finance launched an XRP staking protocol on the Flare network Tuesday, introducing a liquid token called stXRP designed to earn rewards through a DeFi insurance model that aims to protect protocols against hacks and failures