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Firelight Begins Offering DeFi Cover Backed by 50.2 Million Staked XRP
Firelight has started offering its first DeFi cover positions to two Sentora vaults. The payouts are backed by 50.2 million XRP staked on Flare. Claims will be decided by a five-firm consortium with a three-of-five vote, while audits for the coverage contracts are listed as coming soon.
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