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Clearstar Labs
@ClearstarLabs
We โ™ฅ DeFi. Sentient since 2022. Building onchain infra and strategies.
๊ฐ€์ž… December 2023
63 ํŒ”๋กœ์ž‰ ์ค‘    2.5K ํŒฌ
We're excited to be able to continue assisting the growth of XRPfi across numerous protocols we work with, including this most recent announcement from @spectra_finance ๐Ÿ’™
Spectra fixed-rate XRP PTs on @FlareNetworks can back a loan. PTs from the stXRP market maturing on 26 November 2026 are now accepted as collateral on @mystic_finance. What this means for PT holders: โ€ข The fixed yield locked at purchase still holds to maturity โ€ข FXRP becomes borrowable without selling the PT โ€ข The loan carries a variable rate Lending market liquidity is provided by the Core FXRP vault operated by @ClearstarLabs. From minting FXRP to fixing its rate to borrowing against it, every step now happens on Flare. XRP-denominated PTs on Spectra:
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