From TokenPost · · 50s
XRP Ledger Lending Votes Stay Flat
XRP Ledger lending system votes remain unchanged as validator count drops to 35.
In brief
XRP Ledger lending system votes remain unchanged as validator count drops to 35. XRP Ledger lending system amendments lack required votes to activate after validator count fell to 35. Originally reported by TokenPost.
XRP Ledger Lending Votes
Three XRP Ledger amendments tied to a proposed lending system remained short of the votes needed to start the network’s 14-day approval period in an Oct. 20 snapshot.
Validator Count Falls
The snapshot showed 35 trusted validators with LendingProtocol and LendingProtocolV1_1 each having 19 votes while SingleAssetVault had 21 votes.
Activation Threshold
Each amendment needs 29 votes to begin the approval period, but the vote counts matched the Oct. 17 tally with the validator total falling by one.
The main idea
XRP Ledger lending system amendments lack required votes to activate after validator count fell to 35.
