XRP holders can earn passive income through XRPFi services on the XRP Ledger, including staking, yield, and liquidity provision. The speaker argues you don't need to sell your tokens to generate returns, and invites viewers to comment for three current platforms offering these services.
Chapters
If you're an XRP holder, selling your XRP might be the dumbest thing you ever do. What is coming for XRP could allow you to live off of your XRP investment and never have to sell it. Now, this is called XRPFi. So it's DeFi, decentralized finance, which just means no central middleman like a bank. It means your finances are yours. You own them, you control them. So this is DeFi on the XRP Ledger. This is going to allow you to do things like stake your XRP, earn yield yearly on your XRP, and do a bunch of other things like liquidity providing and a bunch of other amazing things, earning fees, all of this crazy financial power. Basically, it's the products that the rich have access to are being given to the people through crypto. That is what decentralized finance is. Now, if you comment XRPFi, okay, XRPFi, I'm gonna send you— it's gonna be in your DM— I'm gonna send you the 3 main platforms that are allowing this right now, um, and you can, you know, sign up if you want, try it out. This is still in its early stages. So we're at the very beginning of XRPFi. But isn't that like the goal, right? Imagine having an investment portfolio or an asset that actually just earns you, right, like somewhat like dividends. It's not dividends because XRP is not a stock. It is not a security. When you buy XRP, you don't own a percentage of any company. It's not like that, bro. It's a crypto token. Get it through your head, SEC. But this is going to be crazy.