mXRP Launch Boosts XRP's DeFi Potential with Growing Investor Interest
Midas and Axelar have launched mXRP, the first liquid staking token on the XRP Ledger, allowing investors to earn yields from the XRP DeFi ecosystem. The initial vault quickly filled with 6.5 million tokens, prompting an increase in capacity to 10 million. This development signifies a growing interest in XRP's utility in decentralized finance, potentially attracting more users and enhancing its market value.
mXRP Launch Boosts XRP's DeFi Potential with Growing Investor Interest
Midas and Axelar have launched mXRP, the first liquid staking token on the XRP Ledger, allowing investors to earn yields from the XRP DeFi ecosystem. The initial vault quickly filled with 6.5 million tokens, prompting an increase in capacity to 10 million. This development signifies a growing interest in XRP's utility in decentralized finance, potentially attracting more users and enhancing its market value.
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