EarnETH and EarnUSD now have two layers of loss protection, with Firelight cover absorbing eligible losses first. Join us for a livestream with @LidoFinance tomorrow at 14:30 UTC to learn how we’ve enabled transparent, vault-level cover for capital deployed across both vaults.

Firelight is bringing onchain cover to @LidoFinance Earn, protecting Lido's EarnETH and EarnUSD vaults against onchain risks. Terms and capacity are onchain and are reassessed every 30 days against each vault’s risk. →

Firelight’s integration with @krakenfx Protected Strategies USDC on Kraken Earn brings built-in protection to one of the largest onchain earn programmes in the industry. Cover is backed by a shared pool of staked capital that supports the protocol’s full coverage portfolio. 🧵

In @CoinDesk’s Tokenization Weekly, @admff492, Co-founder and CEO of @SentoraHQ and Firelight, discusses what happens to tokenized RWA liquidity when market makers step back during a market shock. 👇

Catch us at @FlareNetworks' NYC: Swell Week Drinks! From 4–5PM ET today, @admff492, CEO and Co-Founder of Firelight and @SentoraHQ, will dive into how we protect on-chain capital and our plans to scale coverage across DeFi. See you there.

Using @FlareNetworks Smart Accounts to deploy into Firelight only requires XRP. 1. Connect a supported XRPL wallet. 2. Mint FXRP (Flare-wrapped XRP). 3. Mint and deposit into the Firelight vault. Get started.

We’ve partnered with @upshift_fi to bring onchain protection to vault infrastructure. Protection is live on @SentoraHQ’s Protected USD and Protected RWA vaults, built on Upshift’s infrastructure, creating vault operators a path to on-chain coverage. ▶️

XRP on Firelight backs coverage for @krakenfx Protected Strategies USDC and @SentoraHQ's USD Protected and Protected RWA Vaults. Tune in to learn why XRP’s market position matters for DeFi and how Firelight works. 🔥

Understanding how Firelight staking works is essential to making informed decisions. Our latest guide breaks down staking, rewards, risk and exit options, with clear examples of how timing affects the unstaking process. Learn more. 👇

Firelight Protocol is now live, with initial cover extended to @SentoraHQ's USD Protected Vault and Protected RWA Vaults. DeFi now has its missing player: a protection layer for onchain capital.

With Phase 2 approaching, we're answering some common questions from the community. 👇 1️⃣ Users deposit FXRP (Flare's FAssets representation of XRP) into the Firelight vault, a standard ERC-4626 vault, and receive stXRP as the vault share token. stXRP is a pro-rata claim on the vault's FXRP. Rewards are pushed into the vault in FXRP, so the redemption value of each share steps up. No new tokens are minted and no user action is needed. Holders can deploy stXRP elsewhere in Flare DeFi without changing the underlying exposure. Once cover is written against the vault, that capital backs claims. Exits run through a per-period withdrawal queue: a request made during one period becomes claimable after the following period ends. Queued capital stops earning but stays exposed until claimable. That delay is what makes vault capital usable as cover collateral. 2⃣ Reward attribution is on-chain. Organic yield (premiums paid by cover buyers, converted to FXRP) and incentive top-ups flow into the vault through two separate distribution calls, so anyone can verify the split independently. The Split between Organic and Incentive Yield will be available in the Vault Homepage. 3⃣ Capacity is set per 30-day epoch from the vault's collateral plus the first-loss buffer, scaled by the capital adequacy framework (leverage and CAR bounds). Utilization is cover actually matched against that epoch's capacity. The analytics section covers capacity, active coverage, expected loss coverage, leverage and CAR, and it's being expanded at launch. 4⃣ The first-loss buffer is a stablecoin reserve funded by Firelight, held in a dedicated wallet and drawn before any vault capital. Vault capital is only slashed, pro rata, for whatever a validated payout needs beyond the buffer. The protocol reads the buffer balance on-chain at capacity calculation time, so its size is verifiable in real time by anyone, not on a reporting cadence. 5⃣ Dashboard analytics exist today and will be expanded with the Phase 2 rollout. stXRP is a ERC-4626 share - the Firelight Vault Share, so the FXRP-per-share rate is live on-chain at all times via convertToAssets on the vault contract. Anyone can read it directly today and the dashboard analytics are being expanded for launch. We'll share further details over the coming weeks.

Join our X Space with @lombard_finance today at 3PM CET on Bitcoin liquidity meeting institutional-grade risk management. We’ll explore Firelight expanding BTC in onchain risk: as an asset in covered strategies and collateral for coverage capacity.