SOIL is preparing to launch XRPL’s first native lending app as XRP Ledger considers XLS-65 and XLS-66 amendments for on-chain lending.
- SOIL is set to launch the first native lending application on the XRP Ledger (XRPL) pending approval of the XLS-65 and XLS-66 amendments.
- These proposed amendments aim to introduce on-chain lending, liquidity pools, and yield products directly into the XRPL protocol.
- The development signifies a move towards more integrated DeFi functionalities within the XRP ecosystem, with current testing occurring in development environments.
Topics: Integration with defi, Blockchain usage, Scalability, Rwa collateral lending, Ethereum evm l 1 s, Market depth liquidity
Tags: #soil #xrpledger #lendingapp #xls65 #xls66 #onchainlending #liquiditypools #yieldproducts #xrp #sav
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