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🔥 Firelight Launches 
$XRP Staking on Flare - stXRP Set to Power DeFi Insurance
Firelight just rolled out its new $XRP staking protocol on the Flare network, introducing stXRP, a liquid token designed to earn rewards through a DeFi insurance model. This is Phase 1, meaning staking rewards aren’t live yet - but users can already bridge XRP → FXRP → stXRP and..
..start using it across Flare’s DeFi ecosystem.
Rewards are expected to go live in Phase 2 (early 2026), if DeFi protocols adopt Firelight’s on-chain insurance system and pay fees for coverage.
Firelight is taking a fresh approach to restaking, focusing on assets with a lower cost of capital (like XRP) and a clear use case: insurance for top DeFi protocols. Early users will also earn Firelight Points for joining the initial vault.
The big vision? Give XRP holders a way to earn yield - while giving DeFi protocols a much-needed insurance layer against hacks and failures.
