Validator support for the XLS-66d lending amendment on the XRP Ledger has reached 71.4%, moving closer to the 80% threshold required for activation. This amendment would introduce native uncollateralized lending primitives to XRPL, expanding the DeFi capabilities of a ledger primarily focused on payments and settlement. The support must hold at this level for 14 consecutive days for the amendment to activate. Uncollateralized lending differs from typical overcollateralized DeFi lending by relying on credit systems and trust assumptions rather than collateral, which introduces more complexity in risk management.
Source: Read the original article
