what's Doppler Finance?
Doppler Finance is a DeFi yield protocol built on the XRP Ledger (XRPL), focusing on the "XRPfi" paradigm to enable XRP holders to earn yields through various mechanisms. It integrates CeDeFi, DeFi, and real-world assets (RWA) to provide scalable and sustainable yield opportunities, including XRP staking and liquid staking on XRPL sidechains. The platform transforms idle XRP into productive assets by allowing deposits of XRP and other XRPL assets into vaults that generate yields from diverse sources, ensuring transparency via on-chain operations and proof-of-reserves. Users interact with Doppler Finance through its vaults and lending protocols, which support fixed returns and hourly point distributions for early participants. Backed by institutional-grade custody solutions, it emphasizes security and accessibility, operating independently of centralized wallets or apps. The protocol aims to activate the XRPL ecosystem by bridging traditional finance yields with blockchain efficiency, fostering growth in on-chain liquidity and adoption.
Doppler Finance partnered with Nature's Miracle for $20M XRP deployment and SBI Ripple Asia for XRP yield.
Links
x.com/doppler_fiPartners with OpenEden Labs to integrate tokenized US Treasuries ($TBILL) and yield-bearing stablecoin ($USDO) into its XRPL-native yield protocol.
Launched RLUSD yield vaults on XRPL and Ethereum networks with a $1M RLUSD cap per vault on each chain, offering 7-11% APR plus DP token rewards.
Partnered with Nature's Miracle Holding Inc to deploy up to $20 million worth of XRP into Doppler.
Partnered with SBI Ripple Asia to explore XRP yield infrastructure and real-world asset tokenization on XRPL.
Protocol provides 3.5% APY on staked XRP.
Listed among projects planning Token Generation Events in Q4 2024.
Backed by VCs Reforge, DCG, Maven11, HashKey, GSR with $89M TVL. Partnered with SBI Ripple Asia, Evernorth, VivoPower, and Bitget.