Firelight's building the protection layer for DeFi, with transparent, verifiable terms, designed to cover defined protocol failures. @HugoPhilion dives into how XRP can be put to work with @CoinDesk.

Why does unstaking on Firelight take 30-60 days? Periods last 30 days to match cover terms, so incident claims can settle. Unstaking early burns your $stXRP and stops emissions, but your $FXRP stays in place until the current period closes and the next one ends. Learn more. 👇

stXRP now carries a live onchain rate from Firelight emissions, priced on @spectra_finance. → PT holders lock in a fixed rate → YT holders take exposure to the live rate and points → LPs provide liquidity to the market Learn more. 🔥

Firelight periods last 30 days to match cover terms, so incident claims can be settled. Unstaking early burns stXRP and stops protocol emissions without moving the claim date. FXRP unlocks at the end of the next period, 30-60 days after unstaking. We will share a full article explaining staking mechanics soon.

Tune in to watch @jrdothoughts and @scottmelker on The Wolf Of All Streets to discuss why coverage is the missing layer between institutional capital and DeFi, and what changes for covered vaults when the next major exploit hits.

Firelight coverage is embedded in @SentoraHQ's USD Protected and Protected RWA Vaults. 🔥 RWA Vault: RWA strategies incl. leveraged looping and lending with RWAs as collateral. USD Vault: diversified USD-denominated strategies, fully onchain via established DeFi protocols.

Ten vaults on one oracle, one collateral asset, and one liquidation venue are one exposure, not ten. We assess concentration across protocols, assets, and shared dependencies because the question isn't how much risk to cover. It's which combinations our capital can survive. 👇

We connected money to software. The way to protect this new infrastructure is not a PDF with a wallet address stapled to it👇

Most digital asset security spends on detection, which by definition works after the loss. Firelight addresses the layer before it: cover for capital exposed to protocol risk, and returns for the capital backing that cover. 🔥

The Firelight Vault at launch is an ERC-4626 vault that holds staked capital backing coverage and issues stXRP to represent each staker’s position. Standardised accounting and ERC-20 composability make the vault interoperable across DeFi. 👇