Can XRPL Add Native Lending? Ripple Backs XLS-65 and XLS-66
- XRPL amendments aim to introduce native vaults and on-ledger lending infrastructure.
- XLS-65 would pool assets into vaults, while XLS-66 would use that liquidity for loans.ย
- Both proposals remain below the 80% threshold, leaving their approval uncertain.ย
Ripple has voted in favor of two XRP Ledger amendments that would introduce native vaults and a lending protocol, though both proposals remain below the approval threshold. The proposals, XLS-65 and XLS-66, would add Single Asset Vaults and a lending framework to XRPL.
XLS-65 currently has about 40% validator support, while XLS-66 has more than 37%. Both remain below the 80% level required for activation, meaning the proposals have not yet secured approval.
What Are XLS-65 and XLS-66?
XLS-65 would create Single Asset Vaults, allowing users to pool a single asset type within a standardized XRPL structure. A โฆ
Read The Full Article Can XRPL Add Native Lending? Ripple Backs XLS-65 and XLS-66ย On Coin Edition.
This content is automatically aggregated. Full credit goes to the original publisher (coinedition.com).
