XRPL Lending Proposal Adds Closed-Ended Vault Design To Protocol Plans
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. […]
Key Takeaways
- 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.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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