
When a user stakes XRP through Firelight, the XRP is locked on the XRPL, and a liquid staking token (LST) is minted on the Flare Network. This LST allows stakers to participate in further DeFi opportunities without losing exposure to their underlying XRP.
| Categories: | Liquid Restaking , DeFi , Liquid Staking |
| On chains: | Flare |
| Latest | 24h ago | 7d ago | 30d ago | 30 days changes | |
|---|---|---|---|---|---|
| Firelight TVL | $48,715,275 |
$51,311,556
-5.06% |
$51,139,452
-4.74% |
$49,281,960
-1.15% |
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Yes Firelight is supported on Flare.
Firelight token is supported by following blockchains: Flare
Firelight is When a user stakes XRP through Firelight, the XRP is locked on the XRPL, and a liquid staking token (LST) is minted on the Flare Network. This LST allows stakers to participate in further DeFi opportunities without losing exposure to their underlying XRP.. Firelight's native token is Firelight. Firelight token is supported by following blockchains: Flare.