stXRP-04MAR2026 Gauge Request:
- Targeted Pair: LP-stXRP-04MAR2026
- IBT contract address: 0x50bd66d59911f5e086ec87ae43c811e0d059dd11
- Twitter Firelight: https://x.com/FirelightFi
- Chain: Flare
Summary:
Firelight is a protocol building interest-bearing representations of XRP on Flare. Since native XRP does not support staking, Firelight enables XRP holders to mint stXRP, an ERC-20 interest-bearing token backed by staked FXRP.
stXRP represents a claim on staked XRP positions and is designed to be fully composable across DeFi. It allows users to maintain XRP exposure while accessing yield and liquidity opportunities that are otherwise unavailable on the Ripple L1.
Creating this gauge would support early liquidity for stXRP yield markets on Spectra and given that stXRP already has $50M in liquidity on Firelight, offers a unique opportunity for Spectra.
Vote
Create a gauge for LP-stXRP-04MAR2026 on Flare?
- Yes, create gauge
- No, create no gauge
- Abstain
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