🚨 XRP Ledger's LendingProtocolV1_1 Amendment Enters Validator Voting
The XRP Ledger's LendingProtocolV1_1 amendment is now up for validator voting, marking a key step toward native lending on XRPL. It introduces closed-ended vaults with subscription, investment, and redemption phases, plus cash-basis accounting so interest is only recognized when received. Activation requires over 80% validator support for two consecutive weeks and must coincide with the SingleAssetVault and LendingProtocol amendments. This is a procedural milestone, not a launch—lending goes live only after consensus, and node operators should upgrade to xrpld v3.4.0.
$CT $MOVR
The XRP Ledger's LendingProtocolV1_1 amendment is now up for validator voting, marking a key step toward native lending on XRPL. It introduces closed-ended vaults with subscription, investment, and redemption phases, plus cash-basis accounting so interest is only recognized when received. Activation requires over 80% validator support for two consecutive weeks and must coincide with the SingleAssetVault and LendingProtocol amendments. This is a procedural milestone, not a launch—lending goes live only after consensus, and node operators should upgrade to xrpld v3.4.0.
$CT $MOVR
