Firelight Plans a Yield System for XRP, and Withdrawals May Take Up to 60 Days
The planned Firelight coverage system may allow XRP holders to earn income from deposited FXRP, while withdrawals may take up to 60 days. According to NS3.AI, Firelight will use the deposited FXRP to provide protection for DeFi protocols.
The system will stop payouts once holders begin withdrawing funds. Eligible claims may also reduce the amount returned to users.$XRP
The planned Firelight coverage system may allow XRP holders to earn income from deposited FXRP, while withdrawals may take up to 60 days. According to NS3.AI, Firelight will use the deposited FXRP to provide protection for DeFi protocols.
The system will stop payouts once holders begin withdrawing funds. Eligible claims may also reduce the amount returned to users.$XRP
