Jun 30
XRPL lending protocol enters key validator voting phase
XRPL’s native lending protocol enters validator voting, aiming to add on-chain credit, vaults and fixed-term loans for institutions.
➤ The XRPL Lending Protocol has entered a crucial validator voting phase, aiming to introduce native on-chain credit, vaults, and fixed-term loans for institutions. ➤ This protocol separates off-chain credit checks from on-chain execution of repayment, interest, and default, targeting institutions that require compliant liquidity and financing. ➤ The proposals (XLS-65 and XLS-66) are currently in devnet testing and require validator approval for mainnet launch, with security audits already completed.
