Firelight (@Firelightfi) header
Firelight (@Firelightfi) profile picture

The Protection Layer for Digital Assets. Incubated by @sentoraHQ Official Discord Server: https://nitter.cf/t.co/JG45Dw5xN7

Joined February 2025
Photo by Firelight (@Firelightfi)Photo by Firelight (@Firelightfi)Photo by Firelight (@Firelightfi)Photo by Firelight (@Firelightfi)Photo by Firelight (@Firelightfi)Photo by Firelight (@Firelightfi)Photo by Firelight (@Firelightfi)Photo by Firelight (@Firelightfi)Photo by Firelight (@Firelightfi)Photo by Firelight (@Firelightfi)
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. → app.firelight.finance/
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XRP has no native yield, so staking it carries no cost of capital, making it suitable to back cover for DeFi's largest markets. Firelight currently backs vaults on @LidoFinance, @krakenfx, and @SentoraHQ. Learn more. firelight.finance/
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Huge step for XRPFi. With an order book, PT and YT orders can be posted at a chosen rate straight from the wallet. Fixed rates and variable yield on XRP now get priced by the market. Learn more. 🔽
Spectra order book is now live on EVM, starting with @FlareNetworks → app.spectra.finance/fixed-ra… PT and YT orders can now be posted at a chosen rate, straight from the wallet. On Flare, that makes it the industry’s first order book for XRP yield. How to & details ↓
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A first-loss buffer changes the economics of DeFi cover. Marin from @LidoFinance explains how base-level underwriting lowers cover prices and pushes yield practices in a healthier, more conservative direction. More on our partnership with Lido. 🔽 firelight.finance/articles/l…
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Firelight's Dune dashboard shows key analytic data such as: → The current APR → How much cover the vault backs relative to its TVL → Total rewards distributed to date Head to the full dashboard for more data. dune.com/firelight/coverage-…
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Flare has always been about data. @HugoPhilion with @thinkingcrypto at @RippleSwell on where that goes next: decentralized data, built into the network, for the wider crypto ecosystem 👇
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Builders, traders and founders in one room during @RippleSwell. A look back at our New York side event with @upshift_fi, @SentoraHQ, @Firelightfi and @XRPLJapan, and the fireside on onchain cover and credit with @itscoachfo. Thanks to everyone who came 🗽
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Firelight retweeted
Sentora vaults are now available inside Claude, ChatGPT, Gemini and Grok thanks to our collaboration with @agorawealthai ! Join the waitlist with code SENTORA 👉agorawealth.ai/sentora
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Firelight can absorb eligible, approved losses of up to 5.7% of TVL on @LidoFinance's EarnETH vault and 8% on EarnUSD. Approved payouts draw first on Firelight’s protocol-owned reserve, then on staked collateral. Get started. app.firelight.finance
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Firelight's Risk Consortium brings together 5 independent technical experts to assess covered incidents against published coverage criteria, validate claims and vote on their outcome. The consortium consists of @Hypernative, @cyfrin, @Credora, @GFX_Labs and @Native. 🧵
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How does it work? → @zeroshadow_io submits an exploit report on-chain. → All cover tokens exposed to the incident are automatically included. → The consortium provides independent technical validation of covered incidents → An approved decision is signalled on-chain, triggering the payout waterfall.
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Firelight retweeted
XRP yield trading is taking shape on Spectra. As @Firelightfi’s cover business grows, stXRP holders weigh the onchain rate against a fixed rate, with Principal Tokens (PT) locking in a predictable outcome. The Flare Japan community is already exploring it.
Lidoの件があり、オーガニックAPRも2%を超えてきましたね! もう少し提携増えたら3%くらいはいけそうです🔥 ただ、ちょっと前にSpectraでPTが4%になってたので、ポイント含めてPTの方が良さそうだったから期間短いけどPTにしました! 難しいけど、いろんな選択肢が選べるなぁと思います🤔
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Kraken Protected Vaults USDC 5.34% One of our core missions at Sentora is to bring the value of DeFi to our clients. We understand the fear that surrounds DeFi, especially after the Binance hack. This is why we build Protected Vaults with @krakenfx.
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One signature from the XRPL wallet you already use. No second wallet, no gas token, and your XRPL account authorizes every step. @HugoPhilion on Flare Smart Accounts at @kbwofficial. fsa.flare.network
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Just in: @HugoPhilion sat down with @thinkingcrypto at @RippleSwell. Discussing topics from: FXRP, Firelight, to Flare Smart Accounts, and where FAssets go next. Watch the full conversation ↓
HUGE News For XRP! Hugo Philion Breaks Down The Future Of Flare FLR! WATCH ▶️ youtu.be/FeJMZx4va-w Hugo Philion, Co-Founder of Flare, joined me at Ripple Swell to discuss the latest developments across the Flare ecosystem, including FXRP, the launch of Firelight, Flare Smart Accounts, and the future of FAssets. We also explored how Flare is expanding DeFi opportunities for XRP holders and building infrastructure to unlock new use cases for digital assets. #xrp #flare #defi
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Firelight retweeted
Over 40M FXRP staked by 3,400+ accounts. Over $50M in DeFi cover already backed by that capital. And Firelight can support more cover than the capital deposited because limits adjust for how much risk actually overlaps across protocols, assets and strategies. XRP is becoming underwriting capital for DeFi. And @FlareNetworks is the infrastructure making that XRP usable onchain in the first place. ☀️
Firelight dynamically sizes cover limits against real loss-absorbing capital. By modeling concentration risk across protocols, assets, and strategies, we ensure solvency at scale. Dive into the live metrics on our @Dune dashboard. dune.com/firelight/coverage-…
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Thanks @DefiLlama for a thoughtful analysis about @Firelightfi
Customer-facing platforms spent the past year selling DeFi yield through Earn products, and curated vault TVL grew 26% to ~$10B while lending fell 39%. One problem persists: when a protocol or vault gets hacked, depositors absorb the loss. @Firelightfi, incubated by @SentoraHQ, lets XRP holders stake on @FlareNetworks to back cover for vaults, paying out if a protocol a vault deposits into is exploited. It now covers vaults at Kraken, Lido, and Sentora. Our new report on why Total Value Covered belongs next to TVL: defillama.com/research/repor…
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Your plumber is licensed, bonded, and insured. Your 9-figure DeFi vault is "audited." @jrdothoughts dives into why maturity in DeFi should be measured by the amount of capital that's protected. 👇
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