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XRP Ledger's Biggest Lending Upgrade Just Got Closer

XRP Ledger's Biggest Lending Upgrade Just Got Closer

Photo: U.Today

The XRP Ledger (XRPL) is on the verge of a significant decentralized finance (DeFi) upgrade that could potentially open up new lending possibilities and liquidity for the XRP Ledger network. According to Vet (@Vet_X0), a notable XRPL validator and community member, the much-anticipated Lending Protocol amendment has now gained two more Yes votes from validators, moving one step closer to activation. The Lending Protocol amendment now boasts 21 Yes votes from a total of 35 trusted validators (60%). The amendment needs eight more Yes votes to reach the minimum threshold of 29 validators.

Source: U.Today

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