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Uphold’s New XRP-Flare Mashup Promises Yield—But Will It Deliver?
Uphold’s New XRP-Flare Mashup Promises Yield—But Will It Deliver?
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Uphold just dropped a crypto-collab that’s got traders buzzing: an XRP product integrated with Flare Network, dangling yield rewards like a carrot on a blockchain stick.
The Pitch:
Stake XRP, earn passive income—because who doesn’t love free money (or at least the illusion of it)? Flare’s smart contract capabilities handle the heavy lifting, while Uphold plays middleman. Classic finance, but with extra steps and buzzwords.
The Catch:
Yield farming isn’t exactly new—remember when ‘high APY’ was code for ‘impending rug pull’? Still, with XRP’s legal drama fading, this might be the hopium bagholders need. Just don’t mortgage the dogecoin shrine yet.
XRP tokenholders can now get benefitted from a new type of rewards on their coins. Uphold, a well-known exchange, has collaborated with a blockchain network named as Flare. It will introduce a product to bring DeFi features to XRP. This new feature will transform th... Read More
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