Monarq, Flare and Upshift launch MXRPY multi-strategy XRP yield vault on Flare

On Friday, May 15, Monarq, Flare, and Upshift announced MXRPY, a managed multi-strategy yield vault for XRP holders built on Flare. Users deposit FXRP into the vault via Upshift, with an initial cap of 500,000 FXRP and a target yield range of about 3% to 4% APY. The vault allocates across multiple strategies, with redemptions on a weekly Friday cycle and an optional instant exit for a fee.