XRPL Lending Infrastructure Amendment Opens for Validator Voting
Image: Cryptonews.comThe XRP Ledger's LendingProtocolV1_1 amendment is now open for validator voting. The upgrade adds closed-ended lending vaults and cash-basis interest accounting to XRPL infrastructure. It must activate before the related LendingProtocol and SingleAssetVault amendments can proceed. All three amendments are required for operational XRPL lending. Validators must provide over 80% support for two consecutive weeks for the amendment to activate.
Key points
- XRPL's LendingProtocolV1_1 amendment is open for validator voting
- The upgrade introduces closed-ended lending vaults and cash-basis interest accounting
- LendingProtocolV1_1 must activate before LendingProtocol and SingleAssetVault can proceed
- All three amendments are required for operational XRPL lending
Why it matters
The amendment is a required step for XRPL to launch native lending infrastructure. Its activation depends on validator support meeting the 80% threshold for two weeks.
What's unclear
Current validator support level for LendingProtocolV1_1 is not publicly available
No target activation date or XRPL mainnet lending launch timeline has been provided
Price context · XRP
At publication
$1.50
Now
$1.50
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
Cryptonews.com
Tier 2
Vault Access and Interest Rules at Center of XRPL Lending Vote
Coverage timeline
- First reported by U.Today
- Confirmed by Cryptonews.com
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
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