The XRP Ledger’s fixCleanup3_4_0 amendment, a package of bug fixes, is projected to activate on Friday at 09:34 UTC, provided validator support remains above 80 percent. The lending protocol has only received 19 votes out of the 29 needed, sitting 10 votes below the required threshold. The single asset vault, the shared pool from which loans are drawn, has obtained 21 votes and needs at least eight more to pass. This protocol would enable fixed-term, uncollateralized loans funded by depositors through a vault managed by brokers. In a default scenario on a 1,090 token loan, only 10.9 tokens would be recovered, with the vault suffering a loss of 1,079.1 tokens.
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