XRP Ledger proposes amendment to lending protocol, targets fair loan payment rounding

The XRP Ledger, an open-source blockchain specializing in fast, low-cost payments, is introducing an update to its lending protocol aimed at refining how loan repayments are rounded. According to an official Github pull request, the planned amendment seeks to ensure individual loan payments precisely align with the scheduled repayment plan. Developers described the change in the LendingProtocolV1_2 amendment, which targets discrepancies in how loan balances are calculated after repayments. Currently, minor variances due to rounding can accumulate across payments, sometimes resulting in the final installment being slightly higher than the regular periodic amount. With the new update, once a borrower overpays, the TotalValueOutstanding figure resets to match the scheduled value for the next payment period.

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