#Xrpš„š„
XRP Ledger validators are voting on an integrated lending feature that would add native lending and borrowing rules directly to the XRPL.
The vote focuses on the amendment to the Lending Protocol V1.1, which requires the support of 80% of validators over two weeks before it can be activated.
If approved, XRPL would get āvaultsā on the blockchain for loans with defined terms, which could deepen DeFi activity, but would not automatically create a large new demand for XRP.
Key factors to consider include the validatorsā support levels, whether the vaults prioritize RLUSD or XRP collateral, and whether XRPL DeFi usage and TVL actually grow.
In the crypto market, volatility makes it necessary to manage risk and not treat projections as certainties.
XRP Ledger validators are voting on an integrated lending feature that would add native lending and borrowing rules directly to the XRPL.
The vote focuses on the amendment to the Lending Protocol V1.1, which requires the support of 80% of validators over two weeks before it can be activated.
If approved, XRPL would get āvaultsā on the blockchain for loans with defined terms, which could deepen DeFi activity, but would not automatically create a large new demand for XRP.
Key factors to consider include the validatorsā support levels, whether the vaults prioritize RLUSD or XRP collateral, and whether XRPL DeFi usage and TVL actually grow.
In the crypto market, volatility makes it necessary to manage risk and not treat projections as certainties.