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Title: FXRP Launches on XRP Network Bringing Value Based DeFi System into the Hands of Its Users

FXRP Network, a new DeFi (Decentralized Finance) ecosystem for Ripple (XRP) holders, has officially gone live on the XRP Network. The “FXRP Network” allows XRP users, who have been traditionally unable to participate in staking, to join a value-based DeFi structure.FXRP is a token created by wrapping Ripple (XRP) at a 1:1 ratio on the network.Through this process, holders can participate in the network’s liquidity-supplying DeFi system and receive monthly value back in the tune of 1.5% to 1.8%, without selling their XRP. This enables long-term XRP holders to generate value on their assets without any need for trading or liquidation.Daniel Leem from the FXRP Network said “FXRP marks a significant evolution of the Ripple ecosystem from a purely transaction-based structure to a value-driven model. For long-term investors, the ability to maintain their holdings while receiving stable value back on a monthly basis is an appealing proposition.”Since its launch, the FXRP Network has been gaining rapid traction among global investors.Participation continues to rise, with many in the Ripple community noting that “XRP can finally participate in DeFi.”To learn more: https://ripplefoods.com/

This press release is issued by King Newswire