Firelight Begins Writing DeFi Cover Backed By Staked XRP
The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.2 million XRP staked on Flare. Claims are decided by a five-firm consortium on a three-of-five vote, and the coverage contr...
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Published within the last day. The story has cross-source confirmation.
Why this matters
XRP is showing up inside the DeFi theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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Firelight launches DeFi insurance with $115M staked XRP on Flare network
The launch of DeFi insurance with staked XRP could enhance XRP's utility and adoption, potentia...
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