The XRP Ledger is making strides towards enhancing its functionality with the recent advancement of the fixCleanup340 amendment. This development has garnered significant support from validators, paving the way for potential activation in the near future. The publication provides the following information:
Successful Push for fixCleanup340 Amendment
Validators on the XRP Ledger have successfully pushed the fixCleanup340 amendment past the crucial 80% support threshold in recent snapshots. This achievement initiates the sustained consensus period necessary for the amendment's activation, which aims to resolve various technical issues associated with features like vault and lending logic.
Challenges for Proposed Native Lending Features
Despite the progress of the cleanup amendment, the proposed native lending features have not garnered the same level of backing and face a more challenging governance process. While the cleanup amendment is on track for possible activation by late October, the lending protocol will need to secure its own consensus outcome before moving forward.
The XRP Ledger recently advanced with the fixCleanup340 amendment, while the earlier BatchV11 amendment was set for activation around October 9. For more details, see BatchV11 amendment.
