Firelight Begins Writing DeFi Cover Backed By Staked XRP

The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.

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