Firelight Begins Writing DeFi Cover Backed By Staked XRP
#XRP
TLDR — The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.
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The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.2 million XRP staked on Flare. Claims are decided by a five-firm consortium on a three-of-five vote, and the coverage contracts' audits are listed as coming soon.... Read the full story at The Defiant
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