{"id":144775,"date":"2026-09-19T21:15:39","date_gmt":"2026-09-19T21:15:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=144775"},"modified":"2026-09-19T21:15:39","modified_gmt":"2026-09-19T21:15:39","slug":"xrpl-releases-xrpld-v3-4-0-with-new-lending-amendment","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=144775","title":{"rendered":"XRPL Releases xrpld v3.4.0 With New Lending Amendment"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\"><strong>TL;DR<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/bitcoinist.com\/glossary\/xrp\/\">XRP<\/a> Ledger server software xrpld v3.4.0 is now available.<\/li>\n<li>The release introduces LendingProtocolV1_1.<\/li>\n<li>New <a href=\"https:\/\/bitcoinist.com\/xrpl-lending-amendment-moves-closer-to-80-validator-threshold\/\">lending<\/a> features still require amendment approval before becoming active <a href=\"https:\/\/bitcoinist.com\/glossary\/on-chain-data\/\">on-chain<\/a>.<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/bitcoinist.com\/glossary\/xrp\/\">XRP<\/a> Ledger has a new server release, and <a href=\"https:\/\/bitcoinist.com\/xrpl-lending-amendment-moves-closer-to-80-validator-threshold\/\">lending<\/a> is one of the main things developers are preparing for.<\/p>\n<p class=\"wp-block-paragraph\">Version <strong>3.4.0 of xrpld<\/strong>, the reference server implementation for <a href=\"https:\/\/bitcoinist.com\/glossary\/xrp\/\">XRP<\/a> Ledger, was released on September 17.<\/p>\n<p class=\"wp-block-paragraph\">The update introduces two new amendments along with bug fixes and build improvements.<\/p>\n<p class=\"wp-block-paragraph\">The headline addition is <strong>LendingProtocolV1_1<\/strong>.<\/p>\n<h2 class=\"wp-block-heading\">Closed-Ended Vaults Come Into View<\/h2>\n<p class=\"wp-block-paragraph\">LendingProtocolV1_1 extends the ledger\u2019s existing lending architecture with support for closed-ended vaults and cash-basis accounting.<\/p>\n<p class=\"wp-block-paragraph\">Closed-ended vaults operate across defined phases covering subscription, investment and redemption.<\/p>\n<p class=\"wp-block-paragraph\">Those phases determine when assets can enter the vault, when loans can be originated and when users can redeem their assets.<\/p>\n<p class=\"wp-block-paragraph\">The accounting change is also worth noting.<\/p>\n<p class=\"wp-block-paragraph\">Under cash-basis accounting, interest is recognized when payments actually arrive rather than treating scheduled interest as income immediately when a loan originates.<\/p>\n<p class=\"wp-block-paragraph\">That may sound like an accounting detail, but for <a href=\"https:\/\/bitcoinist.com\/glossary\/on-chain-data\/\">on-chain<\/a> credit markets it changes how the vault represents what has genuinely been earned.<\/p>\n<h2 class=\"wp-block-heading\">Software First, Amendment Second<\/h2>\n<p class=\"wp-block-paragraph\">There is one important distinction for XRP holders.<\/p>\n<p class=\"wp-block-paragraph\">Shipping a new xrpld version does not automatically activate every feature included in it.<\/p>\n<p class=\"wp-block-paragraph\">XRP Ledger uses an amendment process under which validators must signal sufficient support before protocol changes become enabled.<\/p>\n<p class=\"wp-block-paragraph\">So v3.4.0 gives node operators the code needed for LendingProtocolV1_1, but the amendment still needs the required validator consensus before those new rules become active on the ledger.<\/p>\n<p class=\"wp-block-paragraph\">XRPLF is already encouraging server operators to upgrade to the latest version to maintain service continuity.<\/p>\n<p class=\"wp-block-paragraph\">That sequencing is deliberate.<\/p>\n<p class=\"wp-block-paragraph\">It allows software to propagate across the network before a consensus-level feature becomes binding.<\/p>\n<p class=\"wp-block-paragraph\">For users, there may be nothing visible to do today.<\/p>\n<p class=\"wp-block-paragraph\">For node operators and developers building around native lending infrastructure, though, v3.4.0 is the version that starts putting the next iteration of that system into place.<\/p>\n<p class=\"wp-block-paragraph\">Source: XRPL Foundation GitHub release \u2014 <a href=\"https:\/\/github.com\/XRPLF\/rippled\/releases\/tag\/3.4.0\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/github.com\/XRPLF\/rippled\/releases\/tag\/3.4.0<\/a><\/p>\n<p class=\"wp-block-paragraph\">This article was written by the News Desk and edited by Samuel Rae.<\/p>\n<p style=\"display:none;\">This report is based on information released by Github. at <a href=\"https:\/\/github.com\/XRPLF\/rippled\/releases\/tag\/3.4.0\" rel=\"nofollow noopener\" target=\"_blank\">Github<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR XRP Ledger server software xrpld v3.4.0 is now available. The release introduces LendingProtocolV1_1. New lending features still require amendment approval before becoming active on-chain. The XRP Ledger has a new server release, and lending is one of the main things developers are preparing for. Version 3.4.0 of xrpld, the reference server implementation for XRP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-144775","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/144775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=144775"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/144775\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=144775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=144775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=144775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}