[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  marilyn100x.eth [@marilyn100x](/creator/twitter/marilyn100x) on x 7009 followers Created: 2025-07-19 13:35:27 UTC $FXRP vs Wrapped $XRP: Why Verification >> Wrapping Both FXRP (on Flare) and wXRP (on Ethereum) represent XRP on another chain but their underlying working mechanisms are vastly different. Wrapped XRP (wXRP): Custodial and Centralized How it works: ->You send $XRP to a bridge. ->The bridge custodian mints wXRP (1:1) on Ethereum. ->You use wXRP in DeFi, and redeem later, if all goes well. In the backend: ->A multisig wallet holds your XRP. ->The bridge custodian controls issuance/redemption. ->If the bridge fails, you may lose access to your XRP. Risk: Custodial single-point-of-failure. You rely on the bridge’s integrity. FXRP: Trust-Minimized & Verifiable via @FlareNetworks State Connector How FXRP works: ->You lock XRP on the XRP Ledger. ->Flare’s State Connector verifies this on-chain. ->FXRP is minted 1:1 on Flare. ->Burn $FXRP anytime to redeem XRP from the lock. Key point: No trusted custodian, only deterministic, consensus-verified data. ->FXRP in DeFi: Yield Without Leaving XRP Exposure ->Stake FXRP in Firelight to earn yield. ->Receive stXRP, a liquid staking token. ->Use stXRP across Flare DeFi, DEXs, lending, LPs, more. $FLR  XXXXXX engagements  **Related Topics** [$xrp](/topic/$xrp) [$fxrp](/topic/$fxrp) [xrp](/topic/xrp) [coins defi](/topic/coins-defi) [coins made in usa](/topic/coins-made-in-usa) [ethereum](/topic/ethereum) [coins layer 1](/topic/coins-layer-1) [Post Link](https://x.com/marilyn100x/status/1946564545742508145)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
marilyn100x.eth @marilyn100x on x 7009 followers
Created: 2025-07-19 13:35:27 UTC
$FXRP vs Wrapped $XRP: Why Verification >> Wrapping
Both FXRP (on Flare) and wXRP (on Ethereum) represent XRP on another chain but their underlying working mechanisms are vastly different.
Wrapped XRP (wXRP): Custodial and Centralized How it works: ->You send $XRP to a bridge. ->The bridge custodian mints wXRP (1:1) on Ethereum. ->You use wXRP in DeFi, and redeem later, if all goes well. In the backend: ->A multisig wallet holds your XRP. ->The bridge custodian controls issuance/redemption. ->If the bridge fails, you may lose access to your XRP. Risk: Custodial single-point-of-failure. You rely on the bridge’s integrity.
FXRP: Trust-Minimized & Verifiable via @FlareNetworks State Connector
How FXRP works: ->You lock XRP on the XRP Ledger. ->Flare’s State Connector verifies this on-chain. ->FXRP is minted 1:1 on Flare. ->Burn $FXRP anytime to redeem XRP from the lock.
Key point: No trusted custodian, only deterministic, consensus-verified data. ->FXRP in DeFi: Yield Without Leaving XRP Exposure ->Stake FXRP in Firelight to earn yield. ->Receive stXRP, a liquid staking token. ->Use stXRP across Flare DeFi, DEXs, lending, LPs, more. $FLR
XXXXXX engagements
Related Topics $xrp $fxrp xrp coins defi coins made in usa ethereum coins layer 1
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