XRP Ledger is voting on amendment XLS-30D, which would add an automated market maker to its decentralized exchange. XRP holders could then provide liquidity and earn annual yields without selling their coins. The change needs 80% validator approval sustained for two weeks.
There is a crazy feature that could be coming to XRP that lets you make passive income on your XRP, so you might never even have to sell your bags. You could just make passive income on them. This proposal called XLS-30D is bringing an automated market maker to the XRP Ledger DEX. Basically what this means is APY could be coming to XRP. APY meaning you can earn a passive income yield by providing liquidity to this AMM. Now this proposal was actually created by David Schwartz and some other people. But since the XRP Ledger is highly decentralized, the validators on the XRP Ledger will be able to vote on this proposal if it gets turned into an amendment. And we would need 80% of votes in favor for over 2 weeks to get this approved. All in all, this could be huge for XRP. I would love to make some passive income on my XRP. Then I wouldn't even have to sell some of my bags.
