XRPL permission delegation nears activation as XLS-65 and XLS-66 remain pending

  • PermissionDelegationV1_1 began a 14-day activation countdown on September 21.
  • About 29 of 35 trusted validators support the amendment, which could activate October 5.
  • XLS-65 and XLS-66 remain inactive pending more than 80% support for two weeks.

The XRP Ledger is nearing activation of PermissionDelegationV1_1, which began a 14-day countdown on September 21 with about 29 of 35 trusted validators supporting it. The amendment could go live on October 5 if support remains at or above 80%; falling below 28 validators would change the activation status. PermissionDelegationV1_1 would let accounts delegate narrowly defined permissions without sharing master signing control, with up to 10 permissions per delegate that can be edited or revoked. The amendment is a revised version of an earlier proposal rejected after a fee-related signature-verification flaw was identified. Separately, XLS-65 and XLS-66 remain inactive and require more than 80% validator support for two consecutive weeks. XLS-65 would introduce Single Asset Vaults, while XLS-66 would use them for fixed-term loans with off-chain underwriting and on-chain loan creation, repayments and defaults. The proposed LendingProtocolV1_1 design includes closed-ended vaults, cash-basis interest accounting and optional first-loss capital, without automatic liquidations.

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