XRPL’s new lending tool could lock up your XRP from minutes to decades

XRP Ledger's (XRPL) newest server release defines a future lending market in which depositors could commit assets to a vault for a fixed term and wait until a set redemption date to withdraw. For XRP holders, the design introduces a possible liquidity lock that can last from minutes to years.The XRP Ledger Foundation released xrpld 3.4.0 on Sept. 16 with LendingProtocolV1_1 code for closed-ended vaults and cash-basis accounting.The first feature fixes the period during which deposited capital can fund loans, and the second recognizes interest when a borrower pays it.Availability still depends on the amendment process and the rest of XRPL's lending stack. A live dashboard snapshot fetched Sept. 17 did not surface LendingProtocolV1_1 in the responding node's feature feed or show a V1.1 activation countdown.The same snapshot placed the base LendingProtocol amendment at 13 of 35 trusted-validator votes and SingleAssetVault at 16 of 35, below the displayed threshold of 28.Single-asset vaults can use XRP, an issued trust-line token, or a Multi-Purpose Token. Any claim that the system will create lasting XRP demand therefore depends on later choices by applications, borrowers and deposito...