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Ripple is considering reforming its staking mechanism to expand the role of XRP in DeFi.

Ripple executives have begun publicly discussing the possibility of introducing XRP into decentralized finance (DeFi) by launching a staking program on its blockchain. These plans aim to coordinate the incentive mechanisms between validators and token holders.

The idea was first proposed by J. Ayo Akinyele, Head of Engineering at RippleX. RippleX is a project that supports developers in building applications on the XRP Ledger.

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