Flare Network bridges XRP to DeFi to unlock dormant liquidity
0
0
Flare Network’s bridging technology and FAssets are bringing institutional and retail XRP holders into DeFi, tapping a massive pool of idle liquidity.
Despite its massive popularity, XRP (XRP) has remained largely absent from decentralized finance (DeFi) because of the technical limitations of the XRP Ledger (XRPL).
XRPFi, a DeFi ecosystem centered on XRP, aims to narrow that gap. It leverages Flare Network’s bridging and smart contract technology to bring XRP into the realm of programmable finance.
Flare Network, a full-stack layer-1 blockchain designed for data-intensive applications, serves as a crucial bridge connecting non-smart-contract assets like XRP to the DeFi ecosystem.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
2
0
0
0
0
0