Put Your XRP to Work with D'CENT | Flare Quest | MONARQ Yield MXRPY | XRP Alliance

Added: 2026-05-26

[00:00:07]Hey everybody, welcome back to the show.

[00:00:09]James Rule XRP. Uh, I have a quick video to show you. One of my sponsors, Decent Wallets, has teamed up with the XRP Alliance. They've teamed up with Flare, with Monarch, and guess what? You can put your XRP to work for you. I'm going to show you how to do that. First of all, this is the wallet. It is a biometric wallet. It will fit in the palm of my hand. Uh what you do is you boot this thing up. We are booting up now. And the battery lasts forever. So what it's going to do is asking to scan your finger. So I've already set up my thumb print on the device. We're going to scan it again. Make sure that everything works correctly. And you're in your wallet. And this works with the uh decent app on your phone. So we're going to check it out. We're going to get into it. I'm not going to stretch it out all day, but we're going to have a good time because Decent is now part of the XRP alliance.

[00:01:04]They have created an XRP uh they have Flare Quest. I'm going to show you the quest uh yield on your XRP. They are now giving away $50 in XRP if you purchase one biometric wallet. And they're giving away $100 in XRP if you purchase two wallets.

[00:01:26]So here is the XRP alliance page. The XRP era is here. For the first time, the entire XRP ecosystem comes together in one wallet. The hardware wallet trusted by the XRP army since 2018. We're looking at yield. We're looking at payments, fiat, decentralized apps, airdrops, and swaps. And as we go through this page, you could see members of the community that are in the alliance, including myself and Bank XRP, XRP bags, and Jake and all the above. And you know, it pretty much shows you what all the wallets about. And here is some of the networks that they're going to be using for this campaign. First of all, Flare is the first. There's going to be $15,000 in rewards. It's going to go for another 13 days. They're going to bring up Squid and Banksa and Doppler Finance and others to be announced. It's really exciting. I'm just so exciting because yesterday I went in and I allocated uh some XRP to the network to draw yield. I can't wait to see how this thing works out.

[00:02:36]So, anyway, there is a Flare Quest guide. I'm not going to go through all the details, but there are steps that you need to take in the Flare Quest. You need to hold 250 XRP or more in your decent wallet. There's step by step by steps that you can go through. There's going to be over $5,000 reward pool for just holding XRP. Um, man, I mean, the the opportunities are endless. And here is the nuts and bolts. This is how you put your XRP to work for you from Decent step by step. And Flair put this out on the 24th.

[00:03:15]I'm going to zoom in a little bit so that you and I can both read it. First of all, what you'll need is the decent app with your XRP account. A minimum of 10 XRP per deposit. No separate gas fee necessary. Monarch Yield Vault equals the vault. Flare smart accounts equals the interface and your XRP. Get this people stays on the XRP ledger.

[00:03:42]Step one, open and connect. Open the decent app. Click on discovery at the bottom. Then click on the Flare FSA banner at the top. Confirm your XRP account. Tap connect. Scroll to Monarch Yield Vault. Tap deposit. And like I said, right, it seems like a lot of things to do. I'm going to leave all these links below so that you may do it yourself. I'm just kind of briefly covering it.

[00:04:07]And then enter the amount of and tap mint and deposit. The minimum is 10 XRP.

[00:04:13]One lot equals 10 XRP. Two lots equals 20. Three lots equals 30. So 10 XRP for each lot.

[00:04:21]And right here it says 125 available. If you click max, it's going to put them all in there in different lots. Um fees shown on the screen autod deducted from the XRP. No flare needed.

[00:04:36]You're going to get two signatures. It takes two signatures for these transactions to take place. Flare smart account split the deposit into collateral reservation and minting. Each needs an XRPL signature in the decent wallet app. Sign once. Wait for the countdown. Sign it again. Complete the second signature within the first 10 minute or within 10 minutes of the first one. Done. Mint and deposit successful.

[00:05:04]Your position is live. So what it does, it goes from XRP to FXRP to Monarch Yield Vault. So it' be MXRPY, which is the Monarch Yield token. And at this point, you are going to start drawing yield. So, the way to check your position, and it's best to use the Flare app on your phone as well as your phone to go to this website so you can attach your wallet, see what yields being accumulated. Uh, you go to fsa.flare.network.

[00:05:41]MXRPY is your deposit receipt. Track deposits, earnings, and real APY under your vault position, which is right here. If I zoom in, it'll show that you have 10 of the Monarch tokens. And then it's going to show your FXRP earnings as the yield is accumulated.

[00:06:00]And there is also another blog and also you can also reverse the process. Once you accumulate yield, you can reverse the process and get everything back in XRP. Everything that was accumulated will be converted back to XRP in the decent wallet. So, this is the detailed layout on the decent page of how to actually go in and how to set up your wallet and how to sign the signatures and how to put your XRP to work for you.

[00:06:34]Decent Wallets is making it happen. And I'm just so happy to be a part of this alliance. It's it's really exciting whenever these networks whenever these wallet providers actually get with the XRP army, ask for input, get with Flare, put your XRP to work on different networks, and then at the same time make passive income on your XRP. So, if you have any questions, hit me up on X at all the money. Uh, be sure to purchase a wallet, get your $50 in XRP for one, your $100 in XRP for two. I'll be keeping you updated here soon. I'll show you what kind of yield has been accumulated. And don't forget people, have a good day. And remember, I told you so.