Firelight would let XRP holders earn yield, but withdrawals could take roughly 30 to 60 days

CryptoSlate says the trade-off would be liquidity: rewards would stop at unstaking, while earlier claims could still reduce the payout.

1 Source, 21d ago, first seen 21d ago

TLDR

CryptoSlate reports that Firelight would let XRP holders earn yield by using FXRP to back decentralized finance (DeFi) coverage. Once 30-day coverage periods begin, withdrawals could take roughly 30 to 60 days. Rewards would stop at unstaking, while earlier claims could still reduce the payout.

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1 Source, first seen 21d ago

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