Flare Founder Says Don’t Put Your XRP in ‘Black Box’ Vaults Under Any Circumstance

Flare Network co-founder Hugo Philion has warned XRP holders not to deposit their tokens into opaque platforms that promise yield or staking rewards. In a post on X, Philion said, “Do not put your XRP in black boxes like some vaults that exist now, under any circumstances.” ‘Black Box’ Vaults While he didn’t name any specific platforms, his comments target certain centralized or semi-transparent vault services that claim to offer XRP yield opportunities without clear operational transparency.

Visit Website