Key Highlights: An XRPL network amendment that secured the required 80% consensus on October 9 is scheduled to activate on October 23 at 09:34 UTC, pending consistent validator support across the 14-day voting window. Proposals for a native Lending Protocol, LendingProtocolV1_1, and Single Asset Vaults remain short of the 29-vote supermajority, currently hovering between 54.29% ...
Key Highlights The XRP Ledger bug-fix package, fixCleanup3_4_0, holds the exact 29 validator votes required to activate, with launch slated for around 09:34 UTC on Oct. 23. The update patches a loophole that could allow an account authorized solely to burn tokens to mint new ones under specific circumstances. Associated native lending protocol and vault ...
Key Highlights The XRP Ledger Foundation released xrpld 3.4.0 on September 16 with LendingProtocolV1_1, introducing closed-ended vaults with fixed subscription, investment, and redemption periods and cash-basis interest accounting. Deposited assets in closed-ended vaults are locked during the investment phase, which can range from 60 seconds to just under 30 years, while interest is recognized only ...