Disclaimer: the information provided by CRYPTO fundraising team should not be considered as investment advice
or an invitation to trade.
Firelight
Firelight is a decentralized risk cover protocol built on the Flare Network, providing on-chain protection for digital asset products. Its staking mechanism enables XRP holders to deploy assets into non-custodial vaults that back coverage against risks such as smart contract exploits, oracle failures, governance attacks, bad debt, depegs, and redemption failures. Users can maintain liquidity through stXRP, Firelight’s liquid staking token (LST), while earning a share of coverage fees for supplying protection capital. Firelight combines decentralized staking, liquid assets, transparent coverage terms, and programmatic payouts within a DeFi risk marketplace.
RAISED
Firelight
Firelight is a decentralized risk cover protocol built on the Flare Network, providing on-chain protection for digital asset products. Its staking mechanism enables XRP holders to deploy assets into non-custodial vaults that back coverage against risks such as smart contract exploits, oracle failures, governance attacks, bad debt, depegs, and redemption failures. Users can maintain liquidity through stXRP, Firelight’s liquid staking token (LST), while earning a share of coverage fees for supplying protection capital. Firelight combines decentralized staking, liquid assets, transparent coverage terms, and programmatic payouts within a DeFi risk marketplace.
See all project links and categories
Website:
community:
X (ex Twitter)
MediumSee less