Question 1

What is Xmagnetic?

Accepted Answer

Xmagnetic is a full-stack DeFi protocol built natively on the XRP Ledger (XRPL). It enables users to swap tokens, bridge assets cross-chain, provide liquidity, earn staking yields, and borrow against XRP collateral — all within a single, seamless interface on the Ripple network.

Question 2

How do I swap XRP on Xmagnetic?

Accepted Answer

Connect your XRPL-compatible wallet (Xumm, GemWallet, or Crossmark), navigate to the Swap widget, select your input and output tokens, review the quote and slippage, then confirm the transaction. Swaps settle in 3-5 seconds on the XRP Ledger with fees typically under $0.01.

Question 3

What APY can I earn staking XRP on Xmagnetic?

Accepted Answer

Xmagnetic offers competitive staking yields ranging from 4% to 20% APY depending on the pool and lock-up period. Liquid staking positions earn a base 5–8% APY with no lock-up, while fixed-term vaults offer up to 20% APY for 90-day commitments.

Question 4

Is Xmagnetic safe to use?

Accepted Answer

Xmagnetic smart contracts and protocol logic are audited by leading blockchain security firms. The protocol operates non-custodially — your assets remain in your XRPL wallet and are never held by Xmagnetic. All code is open-source and verifiable on the XRP Ledger.

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