Update
Firelight Moves XRP Stakes into DeFi Cover
Firelight automatically moved existing XRP stakes (FXRP) into DeFi cover on October 6, exposing them to pooled claims. Existing depositors in Firelight, a DeFi cover protocol on Flare, now supply capital that can be used to pay losses at covered vaults. The change gives XRP-linked collateral a fee-funded role, but separates the end of income from the end of risk. The current withdrawal documentation dates 30-day periods to October 6, with holders needing a 30-60 day wait to withdraw their assets.