A warning from Ripple executive David Schwartz has surfaced, highlighting the rise of phishing emails targeting XRP investors. These deceptive messages promise security upgrades or verification processes for hardware wallets, urging investors to disregard such communications and never share their seed phrases with anything other than their physical wallet. While this warning persists, a new DeFi platform named Paydax Protocol (PDP) emerges as a potential solution. 🤝 Investors can now put their XRP assets to work by earning competitive yields of up to 15.2% APY through the PDP platform. The platform offers peer-to-peer lending with built-in security mechanisms like Onfido’s verification system, Overcollateralized loans, and a Redemption Pool to protect lenders from potential defaults. 🛡️