For the first time in XRP’s history, holders can now earn staking rewards — thanks to Firelight Protocol, a newly launched economic security layer designed to protect DeFi assets from hacks and exploits.
XRP has long been one of the largest assets in crypto, yet it has never had a native staking or yield mechanism. Firelight changes that, introducing a staking system that transforms XRP into a productive asset while expanding its role across the DeFi landscape.
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Unlocking a New Use Case for XRP
Firelight introduces staking through a simple, onchain mechanism: XRP deposited into the protocol becomes part of a pool used to provide DeFi cover — a form of protection that helps safeguard protocols in the event of hacks, exploits, or severe security incidents.
DeFi cover is a missing layer of infrastructure that traditional finance has relied on for decades.
And while DeFi has grown to more than $170B in TVL this year, more than $1B in losses from exploits continues to limit institutional adoption. Firelight aims to close this gap — and to do it using XRP.
By supplying cover, stakers earn rewards tied to real demand, creating a new source of value for the XRP ecosystem.
Built for Security From Day One
Firelight was incubated by Sentora and is powered by Flare Network, which provides the FAssets system used to bring XRP into the protocol. Unlike generic bridges, FAssets are decentralized, extensively audited, and designed for secure interoperability, giving XRP a safe path into on-chain environments.
The protocol entered launch with:
Three independent audits (OpenZeppelin, Coinspect)
A bug bounty program through Immunefi
Full support from Flare’s secure asset issuance framework
In a sector where exploits remain one of the biggest risks, Firelight is intentionally over-engineered around security.
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How Firelight Works: Two-Phase Rollout
Firelight’s launch unfolds in two phases.
Phase 1: stXRP + On-Chain Utility
XRP holders can deposit XRP and mint stXRP, a 1:1 liquid, ERC-20 compliant vault token.
stXRP can be:
Swapped on DEXs
Used as collateral in lending markets
Added to liquidity pools
Used throughout the Flare DeFi ecosystem
Participants in the initial vault will also receive Firelight Points, creating early incentives for adopters.
Phase 2: Staking Powers DeFi Cover
In the next phase, staked XRP will become the backbone of Firelight’s protection layer. All capital in Firelight will serve a single purpose — underwriting on-chain cover for DeFi protocols. As demand for cover increases, rewards flow back to stakers.
This creates a real economic loop between DeFi risk, DeFi protection, and XRP staking yield.
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A New Chapter for XRP in DeFi
Firelight introduces something the XRP ecosystem has never had: a native, onchain staking model with real economic purpose.
Instead of chasing speculative yield, XRP can now help secure the broader DeFi ecosystem while earning rewards tied to real risk underwriting. For institutions and developers, it opens the door to building more resilient, insured, and enterprise-ready applications on Flare.
