XLS-66 Lending Protocol
An XRP Ledger DeFi primitive that enables loans from a Single Asset Vault.
The Lending Protocol is an XRP Ledger DeFi primitive that enables on-chain, fixed-term, uncollateralized loans using pooled funds from a Single Asset Vault. The implementation relies on off-chain underwriting and risk management to assess the creditworthiness of borrowers, but offers configurable, peer-to-peer loans without intermediaries like banks or financial institutions.
Key Dates
XLS Spec
Technical spec for the feature outlining requirements, design, and implementation details.
Blog
An overview of the feature and why it matters to developers, explained in our blog post.
Insights
Discover how the Lending Protocol and Single Asset Vaults unlock productive assets onchain.
Concepts
Documentation on the feature, including how it works and why.
Tutorials
Follow step-by-step tutorials to start building.
Demo App
Explore a full lending platform built on the Lending Protocol and Single Asset Vaults, featuring dedicated dashboards for brokers, depositors, and borrowers.
Security Audit
The security audit performed by third-party security experts, including a link to the full, detailed security audit report.
Security Update
An update on the security philosophy and approach taken by the Ripple team to ensure the safety and reliability of the Lending Protocol and Single Asset Vaults.
Performance Testing
The performance testing report to assess the performance implications of the feature.