It's been a long wait, but we hope you're ready to extend the utility for $XRP on Flare ☀️ 3. Announcement 2. Testing 1. Launch Imminent ☀️

We are thrilled to announce the upcoming launch of Enosys Loans, a friendly fork of Liquity V2 by Liquity, deployed on the Flare ☀️. This marks a historic milestone in the DeFi landscape as the first-ever Collateralized Debt Position (CDP) protocol to leverage XRP

An $XRP backed CDP has been one of the primary DeFi primatives lacking from the broader ecosystem. Very pleased, and incredibly excited that we are going to be able to bring this to Flare ☀️ and DeFi as a whole. Public testing to begin very soon.

XRPFi Takeover? Bus departures imminent ☀️

For everyone asking, No, we will not be deploying this product on Songbird first. This will be the first time that we are skipping the Songbird Network in our typical development funnel. In large part because: There is a hard cap on FXRP on Songbird. There is no Goldsky on

We are pleased to announce that testing for Ēnosys Loans is now available on the Coston 2 test network for public testing! Come test out the first CDP backed by $XRP and get the first hand experience you will need to jump into #XRPFi on the Flare ☀️.

Super easy to use. Super easy to understand. The hardest part of this test will be minting the collateral tokens from the explorer. Go wild. Try to break it. Feedback to our discord please.

For over a decade, XRP has powered fast and efficient settlement at scale. FXRP on Flare extends that strength with composability, opening new growth opportunities: XRP as collateral, liquidity, and yield in DeFi. Mint today: fassets.au.cc/mint fasset.oracle-daemon.com/flare

At long last, the wait is over. $FXRP is HERE!! We have already deployed new incentivized LPs on DEX V3 supporting FXRP. Bridge your XRP at : fassets.au.cc or fasset.oracle-daemon.com/flare Then put your FXRP to work at: v3.dex.enosys.global/liquidity

I've never seen anything so beautiful $FXRP on Ēnosys DEX V3 on Flare ☀️ Congrats Hugo Philion ☀️, Filip Koprivec (j☀️☀️sko), Than0s, amiiiii ☀️, max ☀️ and everyone else. Too many to list have worked for years to finally get here. Amazing job. Amazing perseverance.

XRP now has a complete ecosystem where it can be put to work, opening up new markets and innovative solutions. Decentralized systems have proven their worth time and again, but it’s rare to stand at the very moment when their value bursts open. Today is that moment.

This is a momentous moment and both the culmination of work we have been doing since the beginning and also the start of the next phase. One of many momentous things that will be coming in the next 12 months. I would really like to thank the whole team at Flare for helping

Already over 1m minted in less than an hour

It's hard to keep building through FUD Complaints about timelines Complaints about changes Complaints about markets Complaints about what you did Complaints about what you didn't do Hats off to all of you at Flare ☀️ for just keeping moving forward.

Another great development for XRP that will expand its utility and increase its value. The more, the better for the ecosystem. Congrats to the Flare team!

Ēnosys is leading the liquidity race for $FXRP. Despite not having the highest TVL, you will get good rates because of optimized liquidity. The pools have a standard of 0.3% fees giving liquidity providers great yield for their $XRP ⚖️

One of these things is not like the others. Vast majority of liquidity inside 25% spread or Majority of liquidity...between 0 and $7? Incentive structures matter.

CLMMs are only as good as their incentive systems. We do more, with less, on Enosys V3 Dex

Just 7 hours post $FXRP launch, and the liquidity boom is in full swing! We hit the cap with 5M FXRP minted already! Over $1,000,000 in TVL added to FXRP LPs on Enosys DEX V3! APRs are still looking juicy. Check it out at v3.dex.enosys.global/liquidity

rFLR rewards for Enosys DEX V3 LPs have been distributed and can be claimed at portal.flare.network Allocations of 10.2M rFLR for Sep 29 - Oct 29 are listed below. Current rFLR incentivized LPs range from 29%-235% APY! Put your liquidity to work at v3.dex.enosys.global/liquidity