Flare Network has introduced Luminite, a non-guardianship, ejaculated wallet designed to make Decentralized Finance (Defi) accessible to XRP
“By removing complex access barriers, we enable everyone – from first users to seasoned crypto holders – to gain access to the full power of the flare ecosystem,” the team said in a prepared explanation.
“This is about making Defi approachable, not just for the crypto -andive, but for the next wave of users who discover blockchain through real usefulness,” the explanation added.
Built with the embedded infrastructure of Turnkey, Luminite spends seed sentences in favor of passkeys, biometrics or e-mail notes.
Users can acquire FLR and XRP via integrated Fiat-on-uphed plates such as topper and then directly with Defi protocols on Flare, including services such as bets, swaps, mining synthetic FXRP and bridging assets via Stargate.
For XRP holders this means that token can now be wrapped in FXRP via Flare’s Fassets protocol and is implemented on deployment and liquidity products. This gives token holders a reason to stay in the flare ecosystem instead of bridging elsewhere.
Whether this becomes sticky depends on what will come after: persistent TVL growth, liquidity stimuli and whether developers start building tools that integrate XRP in ways that Ethereum and Solana users expect.
Read more: XRP will get another Defi -Boost by Flare’s Fassets and FXRP, says Messari
