How Your XRP Can Earn Yield on Flare

XRP has been one of crypto's biggest assets since 2012. For most of those years, you could buy it, sell it, and not much else.

That changes now. Flare is putting XRP to work. Deposit XRP, it becomes FXRP, and a vault curator deploys it so it can start earning yield.

For XRP holders who are just getting started, this video covers vaults, who manages the risk, what keeps funds inside approved venues and limits, and what happens when a strategy goes wrong. Then we walk through the XRP vaults available on Flare today — earnXRP, curated by Clearstar, and MXRPY, the managed multi-strategy vault run by Monarq — plus Firelight, a coverage protocol where staked FXRP backs onchain protection, coming to Flare Smart Accounts.

00:00 XRP stopped waiting

00:44 What a vault is

01:55 Who the curator is

03:08 How a vault keeps funds safe

04:03 Vaults inside the apps you already use

04:19 XRP to FXRP, and where the capital goes

06:30 The risks, told straight

07:20 Flare’s XRP vaults: EarnXRP, Monarq, Firelight

09:09 Recap

LINKS

Flare Smart Accounts vaults: https://fsa.flare.network/vaults

Flare: https://flare.network/

earnXRP (Clearstar) on Upshift: https://app.upshift.finance/pools/14/0x373D7d201C8134D4a2f7b5c63560da217e3dEA28

MXRPY (Monarq) on Upshift: https://app.upshift.finance/pools/14/0x2439D4bb753A0f3777d4C9011AFacc475ba6B951

Firelight: https://firelight.finance/

This video is sponsored by Flare.

Nothing here is financial or investment advice. Vaults can lose value, yield is not…