Market News / Story
Flare Launches Firelight DeFi Cover Backed by Staked FXRP
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Flare launched Firelight Protocol, an onchain cover layer for DeFi vaults backed by staked FXRP, with an aggregate deposit cap of $115M in XRP-equivalent and initial integrations covering Sentora vaults. Material Details #DetailAI Analyst View1Firelight launches on FlareNew product can drive network activity, fees, and TVL on Flare.2Backed by staked FXRPCreates demand for FXRP and links XRP holders to Flare DeFi.3Deposit cap $115M in XRPSets near-term ceiling for staked…