Defi
Firelight Begins Writing DeFi Cover Backed By Staked XRP
The Defiant·October 6, 2026·1 min read
Firelight begins writing DeFi cover backed by staked XRP. The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.2 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.
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