🟪◻️🟪◻️🟪◻️🟪---🍜 Recently, the hype around $XRP has slowly returned, and in South Korea and Europe and the US, XRP is actually quite popular 🔥. The Ripple company behind it has not only collaborated with many governments and financial institutions but has also received considerable regulatory support, with many banks using $XRP as a cross-border payment tool! However, discussions in the Chinese community are relatively few, even though this coin's market cap has already surpassed BNB and SOL, directly jumping into the top three in the entire market, second only to BTC and ETH, with an increase of over 6 times in the past year. So, the hype and scale of $XRP really cannot be ignored~ Additionally, with Bitcoin recently breaking $120,000, the entire market is very lively, and everyone is looking for "the next potential large public chain ecosystem." I happened to see @dexrp_io recently, and it seems pretty good~ Let me introduce it to everyone~ 👇 ╭─────✦✦─⋆⋅☆⋅⋆───╮ 🌀 What is DeXRP? @dexrp_io is a brand new DEX (decentralized exchange) built on the XRP Ledger, and it is currently the first IDO project in the XRP ecosystem! You can participate in the early public offering (25% allocation), and the overall FDV is only $10.5M, which means it is still in a very early position. ╭─────✦✦─⋆⋅☆⋅⋆───╮ 🔥 Why am I interested in DeXRP? 1️⃣ It’s not just an ordinary DEX; they combine AMM + order book models, along with smart liquidity aggregation + best price routing, directly enhancing user experience + efficiency. 2️⃣ XRPL natively supports DEX functionality, so there’s no need for additional smart contracts, with transaction speeds of 3-5 seconds and very low fees (almost free). 3️⃣ The platform token $DXP has real utility: • Can offset trading fees • Increases liquidity rewards (Stake increases earnings) • Unlocks advanced analytics + features • Vote on fee settings Some of the revenue is used for buybacks and burns, creating a deflationary mechanism. 💡 From the allocation perspective, it is also designed to be community-friendly: • 25% for public offering (currently open for IDO) • 30% for liquidity rewards • 20% for ecosystem fund • 15% for the team (long-term unlock) • The rest for strategic partners & reserves It won’t be like many projects that give the team a lot early on; here, it at least feels like they want everyone to participate in the building. ╭─────✦✦─⋆⋅☆⋅⋆───╮ 🚀 What are the special benefits of participating in the IDO now? 👉 The entry price now is advantageous compared to the opening price later. 👉 Participating in the IDO can also earn referral rewards (up to 25% cashback), with a referral link directly available: 👉 You can stake to earn rewards, offset costs, and participate in ecosystem growth; this is a truly useful Utility Token. ╭─────✦✦─⋆⋅☆⋅⋆───╮ 🎯 Personal Opinion: XRP already has a large community base, but it has always lacked a decent DEX. Now #DeXRP aims to be the Jupiter/Uniswap of XRP, with a good overall design, speed, cost advantages, and practicality. Therefore, I personally believe that this combination of early entry + real product + low FDV is worth putting on my watchlist and participating a bit. 📌 But I also want to remind you that the overall DeFi ecosystem of XRP is still in a very early stage, with infrastructure and capital activity still in the beginning, belonging to a high-risk, high-potential type. Before participating, you should assess your risk tolerance before deciding, #DYOR. If you also want to participate, here is my referral link (with rewards~): 👉
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