The rollout of an onchain lending protocol on the XRP Ledger (XRPL) is being delayed as changes aimed at ensuring safety are still being made.

U.Today, a blockchain outlet, reported on Monday that RippleX software engineer Mayuka Vadari (마유카 바다리) explained the stalled vote on the XLS-65 and XLS-66 amendments. She said many validators were waiting for fixes expected to be included in the next 'fixCleanup3_2_0' upgrade.

The delay is drawing attention as the XRP Ledger expands its onchain finance (DeFi) functions. XLS-65 is an amendment that introduces a Single Asset Vault feature that allows multiple users to deposit assets into a single vault. XLS-66 is a protocol that uses assets pooled in that vault to provide unsecured onchain loans for a set period. Borrower credit assessment and risk management are structured to take place offchain.

The stalled vote has also been discussed openly within the validator community. Graffe (그레이프), an XRP Ledger validator, said on X, formerly Twitter, that progress on XLS-65 and XLS-66 was very slow and that both amendments still appeared to be on the dUNL problem list. He said the vote numbers had barely moved for a long time.

The actual consensus rate is also far from the adoption threshold. XLS-66, the lending protocol, has about 20 percent support, leaving a wide gap to the 80 percent threshold for adoption. XLS-65, the Single Asset Vault amendment, is also well short of the required level, with 22.86 percent support.

Vadari pointed to the fixCleanup3_2_0 upgrade as the reason behind the situation. She said many validators were waiting for some fixes included in fixCleanup3_2_0 and added: "Safety first." She said validators broadly agree that protocol stability should be secured before adding features.

fixCleanup3_2_0 is an amendment to be included in XRP Ledger version 3.2.0. It contains bug fixes that affect not only the Single Asset Vault and lending protocol but also several features including a permissioned DEX, multi-purpose tokens (MPT) and permissioned domains. It is also seen as a reason validators are not rushing the amendment vote, as the upgrade overhauls key foundations for lending functions at once.

The XRP Ledger Foundation previously announced it would work with vs1 to develop an open-source reference application for permissioned, regulatory-compliant lending based on the XRP Ledger. The application is designed to use new XRPL features including credentials, permissioned domains, a Single Asset Vault and a lending protocol. If the related amendments fail to secure sufficient validator support, the schedule for expanding the real financial ecosystem could also be delayed.

The market is watching whether validator voting will regain momentum after the fixCleanup3_2_0 upgrade is completed, as a key variable that could determine expansion of XRPL onchain finance functions.