Ok, so tomorrow we get FXRP staking in @Firelightfi. If I had 1k $FXRP on @FlareNetworks, here is what I would be doing: 300 of my FXRP goes into $stXRP Pair 200 FXRP and 200 stXRP in the @enosys_global DEX V3 LP at a ~2.5% spread to start. Good balance of active liquidity and active time for rFLR and fees. Can go tighter later, once we understand what the mint/redeem flow looks like for stXRP. If the redeem process takes too long, then the stXRP price may deviate more from FXRP than it would if the redeem time is quick. We won't really know how the market handles this spread until later. We also don't know what the cap will be on stXRP to start. Obviously, hitting the mint cap will create upward pressure on stXRP that won't be able to be arbitraged out consistently. 50 stXRP into @Kinetic_Markets lending pool to start farming rFLR there. 50 stXRP and 1 FXRP on @SparkDexAI with a skew toward higher stXRP value to capture any overbuying since they don't care what your concentration is for rFLR. Might depend on which trading fee they incentivize though, since a 0.01% LP will generate basically no fees for LPs while the front end and router farms that juicy 0.1% swap fee instead. I'd expect this LP to get overfilled pretty quick, since larger incentive farmers prefer to not have to manage spreads to get paid, making it basically free money on a low risk like-like pair if you have the size for it. I wouldn't put the other 500 FXRP into stXRP until we know how easy it is to redeem, because I'm going to want that in the very near future for collateral in Enosys Loans. With 500 FXRP remaining, I'll be able to mint 500 CDP at a 50% LTV and put that CDP into the Stability Pools to earn fees, rFLR and $APS (which goes into governance to earn from the APY Cloud obviously). Eventually though, all of these things will be part of an #XRPFi strat that diversifies risk and yield, shifting between more passive and more active yields, depending on whether the juice is worth more squeeze. If you are wanting to get in on day 1, here's a nice, simple little plan for you. Don't panic Don't rush, Don't buy something just to chase short term yield And remember, #dpbiydkwtd