Ripple and crypto investors are closely watching Xpfinance as it emerges as the first non-custodial lending platform on the XRPL with its $XPF token presale announcement.
Despite XRPL's technological advancements, current DeFi offerings are centralized, leading to risks like loss of custody, opaque practices, and regulatory vulnerabilities, creating a demand for decentralized finance solutions on XRP.
Xpfinance aims to address these concerns with a fully decentralized, non-custodial lending and borrowing platform, empowering XRP holders with financial autonomy and security.
The platform introduces the $XPF token with features like reduced borrowing costs, governance participation, and staking rewards, offering utility and value proposition. A presale for $XPF tokens is set for May 8, 2025, providing early investors with advantageous terms.