Flare, Monarq and Upshift Launch MXRPY Vault Targeting 3%–4% APY for FXRP Deposits

Monarq, Flare, and Upshift have introduced MXRPY, a managed multi-strategy yield vault for XRP holders on Flare, with a target annual return of about 3% to 4%. Starting May 15, users can access the vault via Upshift and deposit FXRP, with an initial deposit cap set at 500,000 FXRP. The product blends on-chain XRPFi strategies with off-chain options and arbitrage, with weekly Friday withdrawals and an optional instant redemption feature.