PANews reported on November 14th that, according to The Block, mXRP, a yield-generating tokenized XRP product developed by Midas in collaboration with Axelar developer Interop Labs, is expanding to the BNB Chain through integration with the lending protocol Lista DAO. This integration allows mXRP to be used as collateral on the Lista lending market, enabling holders to earn both the base yield of mXRP and additional DeFi rewards in liquidity pools and lending markets. This expansion extends mXRP's existing applications beyond the XRP Ledger and its Ethereum Virtual Machine (EVM) sidechain.PANews reported on November 14th that, according to The Block, mXRP, a yield-generating tokenized XRP product developed by Midas in collaboration with Axelar developer Interop Labs, is expanding to the BNB Chain through integration with the lending protocol Lista DAO. This integration allows mXRP to be used as collateral on the Lista lending market, enabling holders to earn both the base yield of mXRP and additional DeFi rewards in liquidity pools and lending markets. This expansion extends mXRP's existing applications beyond the XRP Ledger and its Ethereum Virtual Machine (EVM) sidechain.
mXRP, a yield-based tokenized XRP product, has been extended to BNB Chain via Lista DAO.
PANews reported on November 14th that, according to The Block, mXRP, a yield-generating tokenized XRP product developed by Midas in collaboration with Axelar developer Interop Labs, is expanding to the BNB Chain through integration with the lending protocol Lista DAO. This integration allows mXRP to be used as collateral on the Lista lending market, enabling holders to earn both the base yield of mXRP and additional DeFi rewards in liquidity pools and lending markets. This expansion extends mXRP's existing applications beyond the XRP Ledger and its Ethereum Virtual Machine (EVM) sidechain.
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