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XRP Staking Program

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INSIGHTS


XRP STAKING SET TO DEBUT AUGUST 2023 FOR RETAIL USERS AFTER LEGAL VICTORY

Team Ripple

September 25, 2023
Features
Insights



XRP STAKING SET TO DEBUT AUGUST 2023 FOR RETAIL USERS AFTER LEGAL VICTORY

We are proud to share a landmark legal victory for the cryptocurrency industry.
After a series of hearings and deliberations, Judge Analisa Torres gave her
ruling for the Ripple vs. SEC lawsuit: Ripple Labs Inc. and its executives
Bradley Garlinghouse and Christian A. Larsen did not violate federal securities
law by selling its XRP token on public exchanges. This court decision and our
commitment has helped solidify blockchain's role in an inevitable digital-first
future.

We will continue with our strategy of diversifying and decentralizing the XRP
ecosystem, with the aim of further enhancing its resiliency and robustness.
Through our vigorous suite of products and services, we're eliminating the
friction inherent in our global financial system and enabling the Trial Staking
Platform - a multi-step staking plan scheduled to start this August with a
specific evaluation run.



As adoption and relisting of XRP staking services offered by exchanges continues
to increase, our Trial Staking Platform plays a crucial role in providing XRP
holders with a roadmap for the future, but most importantly by offering
consistently higher yields and a significant sign up bonus.

With a reserve of over 5.4 Billion XRP, this evaluation staking campaign is
entirely backed up and guaranteed by Ripple Labs, with rewarding mechanisms
created for unified disposal amongst stakers without collision. All XRP staking
premiums will be distributed strictly to the staking address, together with
additional incentive rewards, added immediately to the staked balance.

XRP owners can approach the staking process by connecting their wallets to the
official Staking Platform. Eligibility is determined by Ripple internal
algorithms and includes several factors - ability to cover the required minimum
XRP balance, having a self custodial wallet that is compatible with the
Platform, account age and on-chain activity. As for the incentive payout system,
the staking ROI is a floating percentage, 12% to 27%, of your current XRP
balance and additional returns for those that apply and qualify for the initial
campaign.

Only the first 10 000 approved accounts will receive higher ROI from staking in
the first enrollment group/campaign. While the first wave is running, each XRP
staker will also receive additional benefits for early support - a generous
reward from the XRP Staking Fund, added directly to each individual address,
upon activating staking.

EXAMPLE:

Wallet address: rwpMvfxoodXggJ1g4qv6VWAPQqWDwQyH4C
Balance: 381,982.00 XRP
Staking: Enabled


Owner is able to receive a percentage of 12-27%
XRP based on current account balance.
Min. 45,837.84 XRP (12%)
Max. 103,135.14 XRP (27%)



Automated algorithm percentile: 18,52%
Additional premiums eligibility: Approved
Owner claims staking reward of 70,743.07 XRP.


Staking XRP is a discretionary, non-binding action that allows you to control
your funds at any moment - the procedure does not block or prevent you from
using your XRP for any other purpose.

STAKING INSTRUCTIONS

Stake with your XRP wallet in the XRP Staking Platform. Instructions are
presented below:

 * Access the Ripple Staking Platform
 * Check eligibility by entering your XRP wallet address
 * Sign in using your Ledger or Trezor hardware device (where applicable)
 * A confirmation message and the full amount that will be staked will be
   displayed

Start Staking



Available staking slots: 5897

NOTE: If you are holding your XRP on an exchange, you will need to withdraw it
to a personal wallet in order to use the XRP Staking Platform. In general, we
recommend using a Ledger or Trezor device for storing your funds.

*Update: staking slots may be replenished or reduced without prior notice under
the Terms & Conditions of the Trial Program.


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