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Tadas Klimasevskis

Flare Launches First On-Chain XRP-Denominated Yield Vault With FXRP and earnXRP

On December 22, 2025, Flare launched earnXRP, an XRP-denominated yield vault that uses FXRP and is built on Upshift’s infrastructure with a strategy curated by Clearstar Labs. The product deploys FXRP across multiple on-chain smart contracts, combining carry trades, staking via Firelight, and concentrated AMM liquidity to generate return. Users receive earnXRP tokens when they deposit FXRP and later burn them to withdraw compounded XRP back to self-custodial wallets.