Midas and Interop Labs have introduced mXRP, a liquid staking token enabling XRP holders to earn yields of up to 8%. Minted on the XRPL EVM, mXRP aims to activate dormant XRP by incorporating it into DeFi strategies like market-making and liquidity provisioning. The token offers targeted returns between 6% and 8%, contingent on strategy performance, and is fully integrated into the XRPL EVM ecosystem for use across various DeFi protocols.
XRP Holders Offered Up to 8% Yield with New mXRP Staking Token
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.