Revolutionary XRPL Lending Proposal Unveils Game-Changing Closed-Ended Vault System!

Revolutionary XRPL Lending Proposal Unveils Game-Changing Closed-Ended Vault System!

TL;DR: Technical documentation for the proposed LendingProtocolV1_1 amendment describes closed-ended vaults with defined subscription and redemption dates on the XRP Ledger. XRP Ledger developers have outlined a more structured approach to lending vaults, adding a design that would let some pools run for a fixed period rather than remain permanently open to deposits and withdrawals. […]

This article was originally published by Bitcoinist. Click through to read the complete story. TL;DR: Technical documentation for the proposed LendingProtocolV1_1 amendment describes closed-ended vaults with defined subscription and redemption dates on the XRP Ledger. XRP Ledger developers have outlined a more structured approach to lending vaults, adding a design that would let some pools run for a fixed period rather than remain permanently open to deposits and withdrawals. […]

Category: technology

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