Where XORA yield comes from
Xora is a custodial XRP neobank with a native TRX on Tron pilot. The headline XRP rate is 22% APY value: 15% in native XRP plus an estimated 7% value from XORA token rewards. When the TRX pilot is enabled in-app, it can display a separate 28% APY in native TRX. Both rates are variable and not guaranteed.
The two streams
Tier 1 applies to balances 0–1,000 XRP. Above that, displayed APY value steps down to 19%, 17%, and 15% on a published curve. XORA token emission is tracked separately from APY value.
Where the 15% native XRP yield comes from
The 15% native XRP yield is currently subsidised by the XORA treasury. It is a deliberate bootstrap mechanism — we pay a premium out of protocol reserves to attract initial depositors and prove the product, instead of pretending an institutional lending desk already exists.
This rate is temporary and will likely decrease over time. XORA is a new protocol; the elevated headline yield is the incentive we offer early depositors to bootstrap TVL during the launch phase. As the platform grows and yield transitions to real on-chain sources, the headline rate will step down toward whatever XRPL AMM fees and on-chain lending markets actually produce.
The subsidy is paid from a finite, disclosed treasury reserve — not from new depositor inflows. Early depositors get the subsidised window.
1. Today — treasury subsidy (bootstrap phase)
The 15% comes from a finite XORA treasury reserve, paid daily to depositors. This is the same launch mechanism used by every major DeFi protocol (Curve, the early L2 incentive programs, Aave's emissions phase) — except XORA does it transparently with XRP from the treasury instead of inflating a new token. The subsidy amount is bounded by the reserve and disclosed up front, and does not depend on new depositor inflows.
2. Soon — XRPL AMM liquidity provision
As TVL grows and the subsidy steps down, a growing share of treasury XRP is expected to be allocated to the native XRPL Automated Market Maker. AMM liquidity providers earn the swap fees on every trade against their pool. This is on-chain, verifiable, and yield depends on real trading volume rather than any centralised counterparty.
3. Later — XRPL on-chain lending
As XRPL-native lending markets mature, treasury allocation rotates into short-duration collateralised on-chain loans. Same model as Aave/Compound on EVM chains, but settled on the XRPL and fully observable on-chain. The lending counterparties are smart contracts with collateral, not opaque desks.
The transition
The yield rate will step down from the headline 15% as the treasury subsidy phases out. Final on-chain yield will be whatever XRPL AMM fees + on-chain lending markets produce — likely a single-digit number today, with upside as XRPL DeFi grows. The honest pitch: deposit now, lock in the bootstrap window, accept that the rate is not permanent. That is more legitimate than promising 15% forever.
TRX pilot: native TRX APY
The TRX pilot is a launch subsidy paid in native TRX, not a TRON network staking reward and not a TRC-20 token program. It is variable, not guaranteed, and subject to treasury, reconciliation, account, and risk controls. When enabled in-app, the pilot supports native TRX deposits only; TRC-20 tokens and other Tron assets are not credited. Read the TRX deposit guide before sending funds.
Where the XORA token rewards come from
XORA is the protocol's native reward token. A fixed daily emission is distributed pro-rata to all yield-bearing depositors and reflected as an estimated 7% APY value from the protocol issuance schedule and internal launch assumptions. XORA is not currently a tradable token, so this is not a public market price and should not be read as guaranteed USD yield.
The emission schedule decays as the deposit base grows, aiming to keep the estimated per-depositor reward-value contribution near 7% during the launch phase. Token quantity is separate from APY value.
Depositor reserve
Today the 15% native XRP portion depends on the finite treasury subsidy. A separate depositor reserve is planned as a target allocation from future protocol revenue after capitalization; it is not funded or live today. If capitalized, it may help absorb losses up to its available balance, but it is not insurance or a guarantee. Custody itself is segregated on the XRPL and is not rehypothecated.
Common questions
No. The treasury subsidy is temporary. As TVL grows, it steps down and yield tracks real on-chain sources — XRPL AMM fees, on-chain lending. Early depositors get the subsidised window; later depositors earn whatever the on-chain market produces.
Yield decreases to whatever XRPL AMM + on-chain lending generates that day. We will publish the step-downs ahead of time and disclose what portion of yield is subsidy vs on-chain. No surprise drop-offs.
No. Token rewards are denominated in XORA tokens. XORA is not currently a tradable token, so the 7% figure is an estimated reward-value assumption from the issuance schedule, not a public market price or guaranteed USD yield. The 15% native portion is denominated in XRP and is not exposed to XORA reward-valuation risk.
There is no fixed term or scheduled redemption window. Withdrawal requests can be delayed, held, or rejected by account, treasury, reconciliation, and risk controls before broadcast. Once broadcast, XRP withdrawals settle on the XRPL and enabled native TRX withdrawals use TRON mainnet settlement.