VivoPower commits $100 million in XRP for Flare Network to earn yield on treasury

VivoPower has committed $100 million in XRP to Flare Network’s ecosystem in a bid to boost returns on its digital asset holdings, according to a June 11 statement. Through this move, VivoPowe...

By · · 1 min read
VivoPower commits $100 million in XRP for Flare Network to earn yield on treasury

Source: CryptoSlate

VivoPower has committed $100 million in XRP to Flare Network’s ecosystem in a bid to boost returns on its digital asset holdings, according to a June 11 statement. Through this move, VivoPower intends to leverage Flare’s on-chain protocols, including Firelight, to generate sustainable yield from its XRP reserves. The company plans to channel all earned […]