What is the new Flare campaign for XRP holders?

D’CENT launched a Flare-based campaign allowing XRP holders to deposit idle tokens into a yield vault while keeping assets secured in a hardware wallet environment.

How does the XRP yield vault work?

Users can deposit XRP into the Monarq XRP Yield Vault through the D’CENT wallet app. The vault is designed to provide yield opportunities tied to the Flare ecosystem.

Why is this important for XRP holders?

Many XRP holders keep tokens inactive in storage wallets without using decentralised finance services. The campaign aims to expand XRP utility by allowing holders to generate yield from dormant assets.

What is the XRP Alliance?

The XRP Alliance is a partnership initiative launched by IoTrust, the company behind D’CENT, alongside firms including Flare, Squid Router, Doppler and Banxa. The alliance aims to expand XRP use cases across DeFi and blockchain infrastructure.

Why does the campaign remove the need for separate gas tokens?

Normally users interacting with blockchain services may need to buy separate network tokens such as FLR to pay transaction fees. D’CENT said its integration automatically deducts standard Flare fees directly from XRP balances.

What rewards are available through the campaign?

The initiative includes a $40,000 reward pool distributed in XRP and FLR tokens. The campaign runs from May 19 through June 8 and also waives additional platform fees during that period.

Why are hardware wallets important for DeFi users?

Hardware wallets store private keys offline, reducing exposure to hacks and phishing attacks compared with browser wallets or centralised exchanges. D’CENT said the campaign lets users access DeFi services without giving up cold-wallet security.

Is this part of a larger trend in XRP utility expansion?

Yes, XRP-focused projects increasingly aim to connect the asset with DeFi, payments and cross-chain infrastructure. The Flare ecosystem has positioned itself as a key platform for extending XRP functionality beyond payments.

Image for illustrative purposes only. Not a real photo.

Flare campaign gives XRP holders new yield option

Written by Mahathir BayenaPublished May 21, 2026, 3:51 AM

D’CENT has launched a new Flare-based campaign designed to help XRP holders generate yield from idle tokens while maintaining hardware-wallet security.

The initiative allows users to deposit XRP into the Monarq XRP Yield Vault through the D’CENT wallet application without purchasing separate gas tokens such as FLR.

The rollout follows the launch of the XRP Alliance, introduced earlier this month by IoTrust, the company behind the D’CENT wallet, alongside partners including Flare, Squid Router, Doppler and Banxa.

D’CENT said the campaign aims to solve what it described as a major issue for XRP holders whose assets remain inactive inside storage wallets without broader decentralised finance utility.

“This campaign is made to solve the biggest problem for the global XRP Army: having their XRP tokens just sitting in wallets as idle assets,”

The announcement stated.

The campaign runs from May 19 through June 8 and includes a $40,000 reward pool distributed in XRP and FLR tokens while waiving additional platform fees beyond standard Flare network costs.

The integration also allows users to interact with Flare services directly through the D’CENT wallet interface while keeping custody of assets inside a cold-wallet environment rather than transferring funds to centralised platforms.

IoTrust said the company serves roughly one million users across 220 countries and described the Flare campaign as the first major initiative tied to the newly established XRP Alliance ecosystem.

At the time of reporting, XRP price was $1.38.