Flare Unveils XRPFi: Revolutionizing XRP Staking with DeFi Integration

Flare is set to launch XRPFi tomorrow, April 29th, transforming the way XRP holders participate in decentralized finance (DeFi). This three-phase plan begins with FAssets v1 mainnet deployment, enabling non-smart contract tokens like XRP, Dogecoin (DOGE), and Bitcoin (BTC) to seamlessly integrate into DeFi ecosystems. XRPFi introduces FXRP, a tokenized version of XRP designed for smart contract interactions while maintaining full control over the original asset. This groundbreaking solution opens up new opportunities for XRP holders within the burgeoning DeFi space.