Flare Network has unveiled earnXRP, a new yield product developed in collaboration with Upshift and Clearstar. This initiative allows XRP holders to deposit FXRP into an on-chain vault, enabling them to earn returns in XRP. The product is designed to automate strategy execution and compounding, potentially increasing the utility of XRP.
Despite the launch, the market sentiment remains cautious, as indicated by the fear and greed index. XRP is currently trading near $1.87, with limited price movement observed.
Flare Network Introduces earnXRP Yield Product for XRP Holders
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