Modular lending has grown exponentially over the last year. This should be one of the most efficient ways to borrow against your FXRP on Flare. It will also enable the ability to borrow against your Spectra PT's soon as well. It will be a critical piece of our DeFi growth. Accessing liquidity against FXRP will be crucial for the growth of our yield generation on XRP products.

Flare
@FlareNetworks
02-03
🆕 First modular lending for XRP is here.
@Morpho × @mystic_finance are now live — bringing permissionless, actively managed, institutional-grade vaults to the XRPFi ecosystem.
🦋✨FXRP holders can now:
• Earn yield
• Borrow stables without selling
• Build and loop

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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