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06/16 16:09

 Cardano founder Charles Hoskinson has proposed

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Cardano founder Charles Hoskinson has proposed an initiative that would enable XRP holders to earn significantly better yields.

Hoskinson made the announcement during a recent live broadcast. In a tweet, the popular Cardano media outlet Angry Crypto Show highlighted a segment of the broadcast in which Hoskinson suggested positioning Midnight as XRP’s DeFi layer.

Notably, Hoskinson’s initiative envisions Midnight, Cardano’s upcoming sidechain, as the decentralized finance (DeFi) hub of the XRP ecosystem.

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