Over $38.1m has already been deposited into @moremarketsxyz’s earn accounts, and tbh, it makes sense.
They basically help you put your idle XRP to work without lifting a finger:
+ you deposit XRP into an XRPL Vault (secured by MPC)
+ near chain signatures manage the vault
+ they deploy funds into DeFi lending markets for yield
+ near intents automatically convert the yield back into XRP
+ done, you get paid weekly, in native XRP
Everyone’s been talking about the future of intents and chain abstraction, well, this is it in action.
No bridges, no wrapping, no nonsense. Just have XRP ready, and you’re g2g. Simple as that.
This ytd tweet brought me into the top #30 7D of @moremarketsxyz lb.
Some ppl might have known them before, when they teamed up with Flare to first drop XRP yield vaults back in last Aug.
They made XRP yield a lot simpler.
With its latest integration with Flare, the XRP Earn Account lets users earn on-chain yield without dealing with bridges or complex DeFi steps.
You just use your XRPL wallet, and they handle the rest, rewards come back in XRP.
It is truly a real step forward for practical, on-chain XRPFi ngl.
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