Getting Started with Firelight

This guide will walk you through all the basics of getting started with Firelight.

Firelight is a decentralized risk cover protocol built on the Flare Network. Firelight unifies staking with an on-chain protection primitive, creating tangible demand for staked capital and a source of real, usage-driven fees while advancing institutional participation in DeFi.

Firelight’s staking mechanism is designed to enable staking for XRP holders, providing them with the means to deploy and stake assets in a decentralized manner while maintaining liquidity through a liquid staking token (LST), stXRP.

This staking mechanism enables participants to support decentralized economic security, expanding XRP’s role beyond payments and liquidity, and opening new avenues for holders.