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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
This permissionless bridge connects the Ethereum and Taraxa eco_s, enriching and securing Taraxa's network. Here's what it offers:
1⃣Asset and Liquidity Access: Enables dApps and users on Taraxa to access Ethereum's assets and liquidity for diverse DeFi applications.
2⃣Network Security: Anchoring Taraxa's state roots to Ethereum makes long-range attacks prohibitively expensive.
3⃣Cross-Chain Signals: Transmits arbitrary signals and data, enabling innovative uses like AI-generated social signals for automated trading.
4⃣Subgraphs and Scalability: Creates a network of sharded subgraphs, boosting Taraxa's throughput and allowing dApps to deploy their own networks.
5⃣Fully Decentralized Architecture: Every component is permissionless and open source, ensuring true decentralization.
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