There are many questions around $mXRP and I have gathered the 10 most common ones and created a FAQ: 1. What is mXRP? mXRP is the first liquid staking token on XRPL. It's a yield-bearing version of XRP that generates yield for its holders. So the price of mXRP should continuously grow against XRP and trade at a premium. In simple words: mXRP = XRP + accumulated yield. 2. Where can I buy it? You have 2 options: 1. You can either go directly to the issuer's platform ( to mint mXRP, but it has limitations on jurisdictions and it's a bit complicated since you must bridge and use multiple wallets. 2. Or... you can simply use to access it directly from XRPL and swap from XRP to mXRP without any complications. 3. Where does the yield come from? From various strategies including lending, market making, depositing on DeFi protocols etc. The asset managers first lock XRP and borrow against it in stablecoins, and then they use the stablecoin capital for different strategies to make...
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