As more people look for options to earn interest on their XRP, new comments reveal shifts in sentiment and potential opportunities. Concerns about limited native staking options in the U.S. persist, but some platforms are stepping up in response to demand.
Many holders remain frustrated by the absence of native staking for XRP. "Unless some bank is curating something, thereโs no true way in staking it," shares one concerned user. This skepticism is widespread, with fears that many platforms only offer superficial solutions.
While several platforms advertise XRP staking, experts warn of risks involved with renting out coins. One knowledgeable contributor noted, "I personally wouldnโt do something like that," emphasizing the need for caution. In light of this, one user mentioned Mexc, which offers a 3% APR for holding XRP, prompting interest but also skepticism regarding the sustainability of such returns: "Earning yield on XRP sounds nice until you remember half the supply sits with Ripple and theyโll keep unloading."
Despite the concerns, a glimmer of hope comes from comments indicating interest in DEXRP, which is set to go live. Additionally, thereโs buzz around Uphold potentially offering "XRP re-staking" through the Flare network. One commenter even pointed others to YouTube for more insights on Flare's Decentralization DAOs, underlining a community eager for legitimate earning options.
"If you want to earn interest on your XRP while holding long-term in the USA, you cannot stake XRP natively" - Community Contributor.
The overall atmosphere remains a mixed bag of optimism and caution. As holders keep XRP for the long haul, many are on the lookout for compliant ways to earn interest. "If you want something that isnโt just masking insider control, IOTAโs where it actually makes sense," states one skeptical voice, underscoring a call for more genuine options.
โ๏ธ Users are eyeing Mexc's 3% APR offer with caution.
โ Earning interest appears more challenging with Ripple's supply control.
๐ Interest in DEXRP and potential Uphold re-staking options grows.
With the crypto landscape rapidly changing, will new platforms deliver on user expectations? As discussion continues, XRP holders are eager for legitimate earning opportunities that could reshape their financial strategies this year.