Panos Mekras announced an incentive program by First Ledger for RLUSD holders, generating $500,000 in XRP liquidity in under 24 hours. This liquidity pool rewards users for locking funds, enhancing DeFi activity.
Despite the recent liquidity influx, the XRP Ledger has only $47 million in Total Value Locked, significantly trailing Ethereum’s $52.8 billion. Mekras believes the allocation of one billion XRP will stimulate community growth.
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