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2026.04.01 · Views 4,858
Hello. I recently started participating in wXRP staking, and I am posting this question because I am curious about the exact reward structure. As far as I know, staking begins when XRP is deposited into the wXRP network via Binance and converted into wXRP. I heard that the interest generated from wXRP staking is received monthly in the form of XRP; is it correct that this reward is automatically deposited into the Binance wallet used for the initial deposit? I would appreciate your advice on whether I am misunderstanding something regarding wXRP rewards or if there are any separate settings I need to configure. I look forward to responses from wXRP holders.
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Comment11
Fundamentally, it's a system where the structure for depositing the original XRP asset and the network structure for issuing wXRP operate separately.
When a user deposits XRP through Binance into the wXRP network, that XRP gets locked into the network, and an equivalent amount of wXRP is issued. In this state, you then participate in network staking with your wXRP tokens.
As you mentioned, when you unstake, the issued wXRP is burned, and the XRP that was deposited into the network is returned.
In this process, you can understand that the network nodes continuously verify and manage the quantities of deposited XRP and issued wXRP. Since it's linked with Binance, it's also easy to check your wXRP reward history. If you're planning a long-term investment in Ripple, wXRP is definitely more efficient.
Thanks for the great wXRP info!
I was curious about wXRP, and I got some great information here ^^
I also started after hesitating about the wXRP reward structure, but as you said, it's correct that it comes directly into the Binance wallet.
The wXRP mechanism is neat. I've learned a lot from this.
I was already curious about wXRP, and seeing the explanation makes it so easy to understand.
Oh... so that's how the wXRP structure works. Thanks for the info!
The wXRP staking principle is quite solid. Good good
I was already concerned because wXRP seemed complicated, but after reading the explanation, the mechanism seems quite reasonable.
The wXRP issuance and burning process is clear. Thanks for the good information. ^^
OMG LOL I was curious about wXRP, and thanks to you, my curiosity is satisfied. Thank you!