XRP Ledger’s New Lending Protocol Version Is Now Open For Validator Voting

XRP Ledger’s LendingProtocolV1_1 is now open for validator voting, introducing closed-ended vaults and cash-basis accounting for XRPL lending.

• XRP Ledger's LendingProtocolV1_1 amendment is now open for validator voting, introducing key features for XRPL lending.
• The upgrade includes closed-ended vaults and cash-basis accounting, which are essential for the mainnet launch of the lending protocol and SingleAssetVault.
• This proposal aims to refine loan origination, repayment, and default handling processes on the XRP Ledger.

Topics: Integration with defi, Legal regulatory, Blockchain usage, Rwa collateral lending, Securities law classification, Ethereum evm l 1 s

Tags: #xrpledger #lendingprotocol #validatorvoting #closedendedvaults #cashbasisaccounting #ripplex #amendment #mainnet #loanorigination #defaulthandling

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