Here’s a simple way to understand Doppler Finance.

Doppler is building DeFi infrastructure around assets like $XRP and $RLUSD , with users able to deposit them into vaults and put those assets to work.

The protocol uses different strategies to generate yield from the deposited assets.

Then there’s $XDP, the native token used for things like governance and participation in the Doppler ecosystem.
So the basic idea is:

Deposit XRP/RLUSD → use Doppler Vaults → generate yield → XDP powers the ecosystem.

Simple concept, but definitely one I’m keeping an eye on.