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by: xpoolPosted on: June 14, 2025

Uphold Launches Innovative Approach to Enable XRP Staking

Uphold is testing a novel method of enabling XRP staking that utilizes the Flare network’s DeFi capabilities, potentially revolutionizing rewards for token holders. The plan involves Uphold locking user XRP into its reserves and creating an equivalent token, FXRP, on the Flare network. This FXRP can then be used to generate returns through the extensive liquidity pools present in the Flare network.

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