Firelight Unveils XRP Staking with Built-In Exploit Protection
The post Firelight Unveils XRP Staking with Built-In Exploit Protection appeared on BitcoinEthereumNews.com.
Firelight introduces XRP staking on Flare, offering yield and on-chain exploit cover. This innovation aims to enhance DeFi security standards. Firelight, a new decentralized finance (DeFi) protocol, is bringing staking to XRP users. It also provides protocols with some form of protection against network hacks. Built by Sentora and supported by Flare Network, Firelight allows holders of XRP to stake their tokens. This results in rewards related to demand for DeFi “cover.” Staking Innovation Unlocks New Utility for XRP This protection can help protocols absorb the losses from exploits. The protocol revealed this in a press release on Wednesday. The idea is analogous to insurance in the traditional financial world. This is an area in which the $160 billion DeFi sector still lags. Billions of dollars down in exploits make a broader adoption tougher. Related Reading: XRP News: XRP Tests $2 as Bulls Fight Bears | Live Bitcoin News Connor Sullivan, chief strategy officer at Firelight, said in a statement. He said, “At this stage of the maturity of DeFi, it needs the same infrastructure of risk.” This supports each other financial market. “Firelight provides an efficient capital protection layer that can absorb shocks,” he added. This layer mitigates the technical and economic risk. Moreover, it makes the whole ecosystem more resilient. As of December 3, 2025, the price of XRP is approximately $1.90 to $2.22. Some sources quoted the recent increase in value. XRP has been on an absolute tear with reports citing a gain of over 10%. This occurred on December 3, 2025. XRP does not support native staking on its own ledger. Firelight, based on the Flare network, allows XRP holders to deposit their tokens. They receive a liquid staking token known as stXRP in return. This allows them to earn yield. This is a feature that…
Filed under: News - @ December 4, 2025 3:24 am