Flare, Upshift, and Clearstar introduce earnXRP, a new XRP-denominated yield vault
Crypto Briefing
Flare, Upshift, and Clearstar launched earnXRP, a non-custodial vault offering XRP holders diversified, automatically compounded onchain yield.Summary
Flare, in partnership with Upshift and Clearstar, has introduced earnXRP, the first yield product fully denominated in XRP that operates entirely onchain. This product utilizes Flare’s FAssets system and Upshift’s vault infrastructure, incorporating risk management from Clearstar. Users can deposit FXRP into a single, non-custodial vault where funds are automatically deployed across various diversified strategies, with returns compounded back into XRP. The goal is to simplify DeFi access for XRP holders, boost on-chain liquidity, and unlock institutional-grade yield opportunities within the Flare ecosystem, addressing the low utilization of XRP supply in DeFi.
(Source：Crypto Briefing)