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FXRP is mutually beneficial for the XRPL & Flare. Here's why: - As users go in between XRPL <> Flare, this drives transaction volume on both networks. Much more than any custodial wrapped versions (cbXRP). - XRPL smart accounts will encode hashes in the memo fields on the XRPL. Users will broadcast transactions on the XRPL with specific intructions. This will allow users on the XRPL to access yield solutions without having to touch the EVM side themselves. Driving transaction volume on the XRPL. - Users can use FXRP in associated dapps like DEX's which drives trading of XRP. More exposure for users that previously didn't have exposure. - It's more than just about earning yield. Often times FXRP is LP'd on chain within dapps which facilitates more liquidity for XRP products globally. More exposure for institutions that are currently on chain. - Being able to borrow against your XRP is critical. XRP holders can finally access venues to borrow against the XRP without having to sell. Can avoid capital gains and still keep your XRP exposure. While always being able to access the XRPL. - We are in the works on expanding FXRP to one of the largest DEX's in crypto. Which will help funds put on XRP positions easier and trade it in an order book style. - As Firelight and our other protocols come online, the focus is for Flare to help advance many of the Ripple institutional products. (Still in the works)


He just shorted another 400 BTC ($46M) Now sitting on a total short of 1,823 BTC ($209M) at an average entry of 116,812, with a liquidation price around 120,990. hypurrscan.io/address/0xb317…

















