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How to Stake XRP on Firelight! 🔥 - Passive Income Walkthrough!
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Summary
Written from the stream's auto-generated captions.
- Everybody is learning about Flare network guys and you are also at the front page of it because you are learning from Blues Guy and Underground Crypto.
- It bridges XRP2, Bitcoin and Doge are coming soon onto the Flare network.
- Flare bridge and connect Ethereum to other network without a small contract.
- You'll be able to have access to the Flare network without even have to go on the Flare network because everybody's linked together guys because Flare fills the gap.
- Now you have 51,999,999 available with a limit of 52 million every month or so.
Show transcript (9 sections, auto-generated captions, expect typos)
Have you ever really wanted to stake your XRP and found that it's very difficult to really find anywhere to stake your XRP? Well, do we have a video for you today? And by we, I mean me and Blues Guy, an awesome member of my community who is enthusiastic about a couple of things. One of them is Flare, Flare ecosystem in general. And this falls right into that category. and we did a video together where we were talking about the foundation of the Flare network, which is the Flare dashboard where you can stake your Flare, but also you can wrap XRP. And Firelight is brand new. It wasn't even out yet. And so he is showing us how you can wrap your XRP and then you can stake it with a project called Firelight. And Firelight is what this video
is all about. No sponsorship. We're not trying to sell you a thing here. We're just trying to give you information. And with no delay, over to Blues Guy. >> Oh yes, baby. big time. I fell in love big time. You know, with who and with what, my friend? I fell in love big time with Flare Network because Flare is a monster in the making. Welcome to the show. Welcome to Underground channel. Welcome everybody. Blessing and gratitude to everybody on the live. Shout out to Eugi and his deep dives and his hard work. He is bringing you the sauce every single day. Let's get right into the sauce. So, today we are going to talk about fire light, baby. And then we are on the flare portal at M. And let's pretend and let's say that you already have uh
your Flare token. You already have your uh Flare uh minted and your XRP minted and your generated money uh yield onto your liquidity pool. If you want to know how to add liquidity pool, we explained in a previous video, but there's always what are the collateral pool and they can explain you what it is, right? what types of collateral pool and talks about F asset here with the contracts with ERC20 token on the flare blockchain could be used as collateral. So it's growing guys it's coming and here you have all the description of everything that I'm trying to explain you in a simple video easy to click for you guys. So now we are into the flare portal and we are going to home and in the bottom you have the companies that are linked directly to the flare
portal the flare network. Now we are going to Firelight. Remember that Firelight is the only place where you could stake your XRP safely because they do not remove them. They only put your XRP onto the escrow and it's stored there until it's redeemed back. Then you have the accessibility of FXRP which make you a flare XRP wrapped XRP version and you absolutely have the ability to utilize it in every single way, shape or form. So this is the Firelight portal. Firelight is going to be upgraded in April. It's going to be amazing. All the institution are coming. It is wonderful guys. This is why I am so bullish on Flare. This is why I am so so eager to show you what this is. Now this is Vault the >> All right. pause real quick if you could do
me a big favor and smash the like button, hit subscribe, and send this video to somebody who you know loves crypto. Specifically, somebody who you know loves some XRP. I know there's a lot of them out there. Appreciate everybody's continued support. I hope you're excited about finally being able to stake your XRP with somebody who you can trust. Of course, this is allformational, never financial advice. I hope you guys enjoy the rest of the video. The Flare Fire Light ST XRP is the stake XRP, right? Fl uh the wrap version of XRP, Flare XRP, pardon. So now you have 51,999,999 available with a limit of 52 million every month or so. They have in they have an increase on the lot of the XRP available for mint. Uh and now it is unfortunately complete which mean we're going to
try I'm going to show you now. We're going to deposit. We need FXRP. We need to connect your wallet. Connect your wallet. We're going to connect my MetaMask. And it's connected. Now, this is my previous stake that I did to show in the previous video. And now I'm going to deposit and stake. It's as simple as that. Now, you're connected to your Flare uh to your MetaMask. And basically, I'm going to do I have a bit I have 29 FXRP. I'm going to go max. Unfortunately, it says amount exceeds the vault limit. Normally it will be clear and it will take me to a confirmation with my flare little foxy guy and then we'll come back to a second layer to click here and stake it but unfortunately now today it isn't available because as I showed you at
vault we are maxed out so there's no XRP available not even one I could try one but let's see here one can I try no not even one so you have to come back sporically you have to come back every once in a while to look at it and the withdraw is Very simple. Withdraw funds the maximum and then click and then go to the security layer and then you have your money back into your asset into your wallet here. That is Firelight. Firelight guys is going to be amazing. Remember that Flare 2.0 O is coming very very soon and I believe it is at the end of the month and also at the end of the month you have the last flare drop coming in for the people that already had flare previously and they wrapped their flare
you'll be eligible to receive a drop of flare and the flare 2.0 or is coming as well very very soon which have a click of a button into your Bifrost or into your um Zamin wallet. You'll be able to have access to the Flare network without even have to go on the Flare network because everybody's linked together guys because Flare fills the gap. Flare bridge and connect Ethereum to other network without a small contract. It bridges Ethereum to the DeFi. It bridges XRP to DeFi. It bridges XRP to Ethereum. It bridges XRP2, Bitcoin and Doge are coming soon onto the Flare network. Everybody is learning about Flare network guys and you are also at the front page of it because you are learning from Blues Guy and Underground Crypto. So that was it for today guys and I hope
that you are having a wonderful day and you are staying blessed and grateful because I fell in love big time. Oh baby, big time. That was Andre Blue Guy for Underground channel. Stay true. Stay underground. Stay crypto. Much love. I'll catch you on the next one. Gratitude.
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