Wanchain-based DEX Launches XRP Farming Pairs with Up to 670% APR

RexDex, a recently-launched decentralized exchange built atop the Wanchain network, has introduced XRP farming pairs with annual percentage rates (APRs) up to 670%.

In the absence of a native XRP staking feature, several platforms have implemented programs that allow XRP investors to earn rewards on their holdings. The latest to introduce such an opportunity is RexDex, a newly-launched decentralized exchange.

Powered by the Wanchain network, RexDex aims to provide XRP investors the flexibility to earn rewards by engaging in its farming initiative through any of the newly-introduced XRP pools.

Small Arms Syndicate, the Wanchain-based NFT project behind RexDex, called public attention to the launch of the XRP pools in a recent tweet. The team behind the project called on investors to leverage the opportunity to optimize their gains.

#CryptoFarmers #RexDex #Farming #Wanchain $WAN #Ripple $XRP pic.twitter.com/UN96De8ZWB

July 6, 2023

According to a snapshot the Small Arms Syndicate team shared, interested market participants must provide wrapped XRP tokens on the Wanchain network to seize the opportunity. The newly introduced farming pairs are WWAN/wanXRP, wanUSDT/wanXRP, and REX/wanXRP.

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