This call focused on recent developments in XRP, DeFi, and tokenized real-world assets, featuring detailed discussion on XRPL ecosystem adoption, institutional interest, and regulatory clarity.
Key governance proposals have enabled yield on previously non-yielding assets like XRP and LTC, with several platforms highlighted for new DeFi opportunities.
The group shared actionable research, industry news, and educational strategies for DeFi participation, emphasizing the need for education and community support.
Institutional momentum, including major public XRP acquisitions for yield-generation strategies, was discussed, along with evolving SEC regulatory stances.
Action Items
Kev: Test Prime Numbers platform with 50K XDC and report experience to group.
Aqua: Trial test amounts on new Ellis Network XRP DeFi opportunities; document onboarding/offboarding steps for community, focusing on cold storage wallet compatibility and TVL monitoring.
Kev & Aqua: Monitor Ellis Network/Kepler/Leap wallet integration and plan follow-up session on DeFi strategies and risk management.
All: Continue sourcing and sharing regulatory and institutional DeFi adoption developments in community calls and Discord.
Aqua: Prepare and share notes/video clips on David Schwarz and Sergey panel for next Friday’s call.
Aqua: Review and potentially chop up previous Zoom call segment on lending/borrowing strategies to make public for educational purposes.
All: Encourage community to utilize Wealth 28 Club Zoom call archive for ongoing DeFi education.
XRP and DeFi Yield Updates
XRPL governance recently passed proposals to enable yield/rewards for lending out XRP and LTC, transforming static assets into yield-generating ones.
Metal X platform offers varying APY on stablecoins (e.g., USDC at 20–40%), with new APY rollout expected for XRP and LTC.
Zoth Finance and other platforms were reviewed as recent case studies for yield strategies, e.g., XDC vault with 9% APY and invoice factoring pools.
Importance of TVL (Total Value Locked) and protocol longevity emphasized as key entry requirements.
Ellis Network (EVM sidechain) and Prime Numbers highlighted as emerging platforms for XRP and XDC DeFi participation, with conservative capital deployment while TVL remains low.
Institutional Adoption and Regulatory Clarity
SEC’s recent public statement clarifying that staking is not a securities transaction was identified as a catalyst for institutional engagement.
BitGo and Vivo Power announced a strategic partnership with a $100M XRP acquisition for treasury yield-generation immediately after regulatory clarity.
Centura and Trident Digital launching institutional-grade DeFi platforms with focus on XRP acquisition, staking, and yield—a first for directly stated large-scale XRP DeFi strategies.
Dubai government (Dubai Land Department) announced use of XRPL for real estate tokenization via Crypto Mint, a regulated, government-backed system.
Discussion reinforced that industry sentiment and documented use-cases now support XRP’s yield and DeFi narratives, with fewer speculative gaps compared to previous years.
Community Education, Strategy, and Risk Management
Emphasis on building foundational DeFi knowledge prior to deploying capital; all recommended participating in Zoom calls, reviewing documentation, and utilizing community support for questions and troubleshooting.
Wealth 28 Club maintains an archive of educational Zoom calls and offers real-time Q&A via Discord.
Transparent sharing of personal strategies, mistakes, and lessons learned, including live testing of yields, onboarding, and risk evaluation for DeFi products.
Noted that user experience and protocol complexity remain institutional advantages; greater retail participation expected as DeFi UX simplifies.
New DeFi cash flow strategies discussed, e.g., liquid staking, lending/borrowing loops, tokenized real estate, and compounding passive yields, with hypothetical scenarios outlined for future implementation when regulations/settings allow.
Platform & Asset-Specific Highlights
Ethereum’s enduring strength attributed to DeFi ecosystem and smart contract capability, not just early “ETHGate” speculation.
New staking and yield options for ETH and FLR now supported on Ledger and select exchanges; caution advised for US users regarding access.
Alice/Elys network launched XRP DeFi capabilities including liquidity mining and lending via XRPL EVM, with potential for future cold storage integration and higher TVL targets.
Group set informal bets on platform TVL growth, planning to review by end of summer/October to evaluate adoption.
Decisions
Increase focus on DeFi protocols with newly enabled XRP/LTC yield — Rationale: Recent governance changes and regulatory clarifications have created new, viable opportunities for yield and DeFi participation on XRPL and related platforms.
Adopt a conservative, education-first approach before deploying significant capital — Rationale: Low TVL and new protocol status require cautious, staged engagement with robust learning and community support.
Open Questions / Follow-Ups
Timeline and process for full cold storage wallet (Ledger, Kepler) support on Ellis Network and similar emerging XRP DeFi platforms.
Scaling and regulatory clarity for US-based users to access yield opportunities on centralized exchanges (e.g., Crypto.com for FLR).
Final confirmation on whether XLR will be required for gas on XRPL EVM sidechain platforms and implications for cost/yield.
Ongoing monitoring of TVL and risk metrics for new DeFi protocols to inform future strategic engagement and community guidance.