Flare Network has introduced a new yield-focused product in partnership with Upshift and Clearstar, giving XRP holders a way to earn returns without selling their XRP. While XRP’s price has been subdued recently—trading around $1.87 after moving between roughly $1.83 and $1.88—development within its ecosystem has continued quietly in the background.
The new product, called earnXRP, is described as the first fully XRP-denominated on-chain yield solution. It aims to fill a gap in the ecosystem where earning yield has typically required converting into stablecoins or other assets. Built on Flare’s FAssets system, which represents XRP on the network as FXRP on a 1:1 basis, earnXRP lets users deposit FXRP into an on-chain vault. These assets are then deployed across yield-generating strategies.
In return, users receive a receipt token called earnXRP, which tracks their deposited FXRP plus any accrued yield—all while remaining fully denominated in XRP. The vault handles strategy execution, rebalancing, and compounding, simplifying the DeFi experience. Users can withdraw at any time by burning their earnXRP tokens and receiving FXRP back into their wallet.
FXRP unlocks DeFi utility not available on the XRP Ledger alone, offering one of the few ways for XRP holders to engage in decentralized finance. As Ethan, Growth Lead at Upshift, noted, “Only 0.1% of XRP supply is utilized in DeFi, despite it being the 5th largest cryptocurrency by market cap. Users have not had an easy way to capture sustainably high returns. We’re excited to work with Flare and Clearstar to unlock XRP yield using the new Flare XRP Yield vault.”
Despite the utility of the launch, the market reaction has been muted. XRP continues to trade below $1.90, showing little immediate response to the news. This suggests the altcoin remains heavily influenced by broader market conditions and macroeconomic sentiment, which have weighed on prices across the sector.
Frequently Asked Questions
Of course Here is a list of FAQs about Flares new earning opportunity for XRP holders designed to be clear concise and in a natural tone
Beginner Definition Questions
1 What is this new earning opportunity from Flare
Flare has introduced a feature that allows XRP holders to earn rewards by delegating their XRP to trusted data providers on the Flare network Its a way to put your idle XRP to work
2 Do I need to sell or send my XRP to Flare
No Your XRP never leaves your own wallet You use a special wrapped version of XRP on the Flare network to participate but your original XRP remains safely in your custody
3 What is Flare and how is it related to XRP
Flare is a separate blockchain network designed to bring smart contract functionality to assets like XRP Think of it as a bridge that allows XRP to be used in more advanced decentralized finance applications like earning rewards
4 What does delegating mean
Delegating is like voting for a trusted data provider on the Flare network By delegating your wrapped XRP to them you help secure the network and in return you earn a share of the FLR token rewards they receive
Benefits HowTo Questions
5 Whats the main benefit for me as an XRP holder
You can generate a passive income stream from your XRP holdings without selling them Its an additional utility for an asset that traditionally just sits in a wallet
6 How do I actually start earning
You need to 1 Hold XRP in a noncustodial wallet 2 Use a bridge to mint FXRP on Flare 3 Delegate that FXRP to an FTSO through a Flare wallet interface
7 What are the risks
The main risks are smart contract risk the volatility of FLR rewards and choosing an unreliable data provider Your underlying XRP is not at direct risk of loss if the process is followed correctly