[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.]  Peterb [@PeterBourg30061](/creator/twitter/PeterBourg30061) on x 1840 followers Created: 2025-07-27 12:43:01 UTC MoreMarkets XRP yield offerings and alternatives MoreMarkets has introduced an XRP Earn Account, which allows retail investors to gain access to yield strategies that were previously only available to institutions. This account enables XRP holders to earn yield on their tokens while maintaining self-custody. Yield options: XRP Earn Account: MoreMarkets states that the XRP Earn Account allows users to earn yields of up to X% APY on their XRP holdings. Expansion plans: MoreMarkets plans to extend its Earn Account model to other digital assets and real-world yield strategies, such as tokenized treasuries or private credit pools. Key features of the MoreMarkets platform include: Self-Custody: Users retain control of their XRP assets. Security Audits: The platform has undergone security audits by Halborn, Sherlock, and Sigma Prime. Cross-Chain Infrastructure: MoreMarkets uses wrapping mechanisms and cross-chain infrastructure to facilitate participation in DeFi. Alternative platforms for earning yield on XRP (not traditional staking): Centralized Exchanges (CEXs): Platforms like Nexo, Binance, and offer lending or earning programs where you can deposit XRP to earn interest. These platforms typically manage the lending process on your behalf. Binance offers both Flexible Savings (allowing withdrawals anytime) and Locked Staking (requiring a commitment for a fixed term for potentially higher rates). Lending Platforms: Platforms such as YouHodler, Nexo, and CoinLoan facilitate XRP lending to borrowers, earning you interest in return. Decentralized Finance (DeFi) with Wrapped XRP: You can wrap your XRP (e.g., cbXRP on Base, FXRP on Flare) to use it within DeFi protocols for lending, liquidity provision, or yield farming, according to Coinpaper. XRP Cashback & Loyalty Programs: Certain platforms, like Uphold, offer XRP rewards for active participation, such as making deposits, trading, or holding significant amounts of XRP. It is important to note that XRP does not support traditional Proof-of-Stake (PoS) staking. The XRP Ledger uses a unique consensus mechanism known as the Federated Byzantine Agreement (FBA). Therefore, when platforms mention "XRP staking," they typically refer to lending or interest-bearing programs that involve a third party holding and managing your XRP. Risks associated with earning yield on XRP through lending and yield farming: Smart Contract Vulnerabilities: DeFi protocols rely on smart contracts that can have bugs or security flaws that could be exploited by hackers, leading to the loss of funds. Volatility and Market Fluctuations: XRP's price can fluctuate, impacting your returns and potentially leading to losses. Impermanent Loss: This occurs in liquidity pools when the value of the deposited tokens diverges significantly from their initial ratio due to price changes, potentially resulting in fewer tokens than simply holding the assets. Platform Risks: Lending platforms and DeFi protocols can be subject to hacking, go bankrupt, or even turn out to be scams, jeopardizing your funds. Liquidation Risk: If borrowing against your XRP holdings in a lending platform, a drop in XRP's price could trigger liquidation, potentially resulting in losses. It is crucial to carefully research and understand the risks associated with any platform or method before engaging in XRP yield generation activities. XX engagements  **Related Topics** [holders](/topic/holders) [Post Link](https://x.com/PeterBourg30061/status/1949450453386690960)
[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.]
Peterb @PeterBourg30061 on x 1840 followers
Created: 2025-07-27 12:43:01 UTC
MoreMarkets XRP yield offerings and alternatives MoreMarkets has introduced an XRP Earn Account, which allows retail investors to gain access to yield strategies that were previously only available to institutions. This account enables XRP holders to earn yield on their tokens while maintaining self-custody. Yield options: XRP Earn Account: MoreMarkets states that the XRP Earn Account allows users to earn yields of up to X% APY on their XRP holdings. Expansion plans: MoreMarkets plans to extend its Earn Account model to other digital assets and real-world yield strategies, such as tokenized treasuries or private credit pools. Key features of the MoreMarkets platform include: Self-Custody: Users retain control of their XRP assets. Security Audits: The platform has undergone security audits by Halborn, Sherlock, and Sigma Prime. Cross-Chain Infrastructure: MoreMarkets uses wrapping mechanisms and cross-chain infrastructure to facilitate participation in DeFi. Alternative platforms for earning yield on XRP (not traditional staking): Centralized Exchanges (CEXs): Platforms like Nexo, Binance, and offer lending or earning programs where you can deposit XRP to earn interest. These platforms typically manage the lending process on your behalf. Binance offers both Flexible Savings (allowing withdrawals anytime) and Locked Staking (requiring a commitment for a fixed term for potentially higher rates). Lending Platforms: Platforms such as YouHodler, Nexo, and CoinLoan facilitate XRP lending to borrowers, earning you interest in return. Decentralized Finance (DeFi) with Wrapped XRP: You can wrap your XRP (e.g., cbXRP on Base, FXRP on Flare) to use it within DeFi protocols for lending, liquidity provision, or yield farming, according to Coinpaper. XRP Cashback & Loyalty Programs: Certain platforms, like Uphold, offer XRP rewards for active participation, such as making deposits, trading, or holding significant amounts of XRP. It is important to note that XRP does not support traditional Proof-of-Stake (PoS) staking. The XRP Ledger uses a unique consensus mechanism known as the Federated Byzantine Agreement (FBA). Therefore, when platforms mention "XRP staking," they typically refer to lending or interest-bearing programs that involve a third party holding and managing your XRP. Risks associated with earning yield on XRP through lending and yield farming: Smart Contract Vulnerabilities: DeFi protocols rely on smart contracts that can have bugs or security flaws that could be exploited by hackers, leading to the loss of funds. Volatility and Market Fluctuations: XRP's price can fluctuate, impacting your returns and potentially leading to losses. Impermanent Loss: This occurs in liquidity pools when the value of the deposited tokens diverges significantly from their initial ratio due to price changes, potentially resulting in fewer tokens than simply holding the assets. Platform Risks: Lending platforms and DeFi protocols can be subject to hacking, go bankrupt, or even turn out to be scams, jeopardizing your funds. Liquidation Risk: If borrowing against your XRP holdings in a lending platform, a drop in XRP's price could trigger liquidation, potentially resulting in losses. It is crucial to carefully research and understand the risks associated with any platform or method before engaging in XRP yield generation activities.
XX engagements
Related Topics holders