
Firelight Phase 2 unlocks insurance-backed rewards and stXRP eligibility for qualifying participants in the Flare ecosystem.
Participants may qualify to receive stXRP and future insurance-backed rewards if they have completed one or more of the following actions:
Bridged XRP to the Flare ecosystem, converting it into FXRP
Deposited FXRP into the Firelight protocol through the official staking interface
Maintained an active staking position during the Phase 1 participation window
Completed wallet verification and protocol interaction requirements
Held their staking position through the initial snapshot period
Complied with Firelight's participation and network eligibility guidelines
From wallet connection to reward distribution — the complete Phase 2 journey
Link your XRP-compatible wallet to begin
Bridge your XRP into the Flare ecosystem
Deposit FXRP via the official staking interface
Protocol validates staking position & snapshot
Receive liquid staking derivative tokens
Access insurance-backed yield distributions
A spiraling ecosystem of interconnected insurance and staking mechanisms