XRP Ledger Introduces Native XRP Lending Amendment for Validator Voting

The lending proposal, following the XRPL v3.1.0 upgrade, now awaits consensus from network validators to determine its activation.

XRP

Summary

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Terms & Concepts
  • XRP Ledger (XRPL): A decentralized blockchain developed by Ripple Labs, designed for fast and cost-efficient transfer of XRP cryptocurrency.
  • Validator: A node in a blockchain network that participates in consensus to verify and approve transactions or amendments.
  • Native XRP Lending: A proposed feature allowing XRP holders to lend their tokens directly within the XRP Ledger without third-party platforms.