XRP tokens will soon be integrated with DeFi applications
The company (Wanchain) is about to merge with (XRP) and will provide liquidity extraction and build farming.
According to a recent announcement by Jack Lu (CEO of Wanchain), decentralized cross-chain bridges of XRP, the fourth largest cryptocurrency in terms of market value, will be activated in the main network:
This means that XRP tokens can now be used to extract liquidity and build farming.
This cross-chain integration allows XRP owners to take advantage of various applications in Wanchain and Ethereum as well, and can interact with Bitcoin and EOS, the two previously added chains.
Emi Yoshikawa, chief executive of Ripple Global Operations, said he was very excited to see the XRP ecosystem expand to support new uses such as DeFi.