DeFi· ★★★· bullish·

XRPL Opens LendingProtocolV1_1 Amendment for Validator Vote

  • —LendingProtocolV1_1 is now open for validator review and vote on XRPL
  • —Closed-ended vaults run through subscription, investment and redemption stages
  • —Interest is recorded only when borrowers actually make payments
  • —Three amendments must activate together for mainnet lending
Why it matters: Native lending would expand XRPL's DeFi capabilities and could boost demand for XRP if validators approve the amendments.
#XRP
Source: The Crypto Times
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