Flare Adds MXRPY Vault Targeting 3% to 4% as XRPFi Yield Options Expand

Monarq, Flare and Upshift Launch XRP Yield Vault Targeting 3% to 4% APY

Key highlights: Monarq, Flare and Upshift launched MXRPY, a managed XRP yield vault targeting approximately 3% to 4% APY. The vault uses FXRP on Flare and allocates capital across options, arbitrage, and onchain XRPFi strategies. MXRPY starts with a 500,000 FXRP deposit cap and weekly redemptions through Upshift’s vault infrastructure. MXRPY brings managed yield strategies to XRP holders Monarq, Flare and Upshift have launched MXRPY, a managed…

Flare Adds MXRPY Vault Targeting 3% to 4% as XRPFi Yield Options Expand

Key Takeaways Monarq, Flare, and Upshift launched MXRPY today to offer XRP holders a new 3% to 4% APY yield vault. • This product expands XRPFi on Flare …

XRP Holders Get New Yield Opportunity via Flare and Monarq Collaboration

The decentralized finance (DeFi) applications blockchain network Flare has unveiled a new XRP yield product in collaboration with digital asset manager Monarq and vault infrastructure provider Upshift. According to a press release sent to CryptoPotato, the new product is a multi-strategy XRP vault offering diversified yield opportunities. Launched on Flare and accessible to XRP holders, the Monarq XRP Yield Vault (MXRPY) is powered by Monarq and…

Monarq, Flare, and Upshift roll out multi-strategy XRP yield vault

Monarq, Flare, and Upshift have announced the launch of MXRPY, a managed multi-strategy XRP yield vault built on Flare, according to details shared with Finbold on Friday, May 15. The product is designed for XRP holders seeking diversified yield exposure through a single vault structure. MXRPY allows users to deposit FXRP (XRP on Flare) into a professionally managed vault that allocates capital across multiple yield strategies. Built on Upshift’…