Acum 15 h
Flare, Monarq, and Upshift Launch MXRPY Multi-Strategy XRP Yield Vault
Flare has introduced a new yield product for XRP holders with digital asset manager Monarq and vault infrastructure provider Upshift. The Monarq XRP Yield Vault (MXRPY) accepts FXRP deposits, mints MXRPY receipt tokens, and targets 3% to 4% APY with an initial 500,000 FXRP deposit cap. Capital is allocated across options strategies, basis and funding-rate arbitrage, and Flare-native XRPFi deployments, with weekly Friday withdrawals and an optional instant redemption feature.