On-chain Yields

Generating yield through CeDeFi strategies can satisfy users seeking opportunities to earn yields with XRP. However, for Doppler Finance's XRPfi to contribute to the XRP ecosystem, it is crucial to expand XRP's utility on-chain. In this regard, Doppler Finance aims to pioneer methods for generating on-chain yield with XRP, driving long-term growth and innovation within the ecosystem.

Elevated Transparency and Expanded Opportunities with On-chain Yields

Doppler Finance goes beyond CeDeFi Yield by offering an on-chain yield model that delivers an even higher standard of transparency. Users simply deposit their XRP (and other assets) into Doppler Finance on the XRPL, and the protocol automatically allocates those assets across various yield-generating protocols on multiple blockchains. Every step of this process remains visible on-chain, allowing users to verify not just the total reserves, but also the specific protocols and ecosystems where their assets are deployed.

By actively seeking out yield opportunities beyond the XRPL - including EVM-compatible sidechains and other ecosystems - Doppler Finance enables XRP holders to earn stable, transparent returns that were previously out of reach. When selecting on-chain yield strategies, our top priority is risk minimization.

Short Term On-chain Yield Sources

Below are two key examples of on-chain yield strategies that Doppler Finance is considering in the short term:

1. XRP Lending

   Deposit XRP into verified on-chain lending protocols and earn interest or protocol-specific rewards (e.g., governance tokens). Because this strategy makes XRP available for other users to borrow against their own collateral, the protocol automatically liquidates at-risk positions if the borrower’s collateral value falls. As a result, the main concern is the protocol’s stability and liquidation processes—both of which we carefully vet. By partnering only with reputable, rigorously audited platforms, we minimize risk and help ensure user deposits remain as secure as possible.

2. Stablecoin-Based Yield Opportunities

   A wide range of stablecoin-focused yield strategies exist on-chain. By using deposited XRP as collateral to borrow stablecoins, Doppler Finance can pursue these yield opportunities more actively. For instance, once stablecoins are secured, they can be deployed into DeFi services that are designed to generate returns from stable assets. To maintain a strong collateral position, Doppler Finance adopts a conservative LTV ratio and actively monitors each loan, adjusting positions as needed to manage risk effectively.

XRP-based Security Layer

In the long term, Doppler Finance aims to create a security layer for the XRPL ecosystem based on deposited XRP. As XRPL evolves into a multi-chain structure, an increasing number of sidechains and related services are emerging. These sidechains, along with services such as bridges and oracles, require enhanced and decentralized cryptoeconomic security.

Doppler Finance plans to provide cryptoeconomic security using XRP while structuring a system that captures a portion of the revenue generated by these ecosystem services as a yield source.

This approach offers Doppler Finance an organic and sustainable yield, as the revenue grows proportionally with the activation and expansion of the XRPL ecosystem.