Given that the “fixReducedOffersV1” amendment, which resolves a small issue with DEX offers, has received approval from more than 80% of validators and is now in a two-week countdown period, it is possible that XRP Ledger will obtain new functionality in the coming weeks.
https://x.com/xrpscan/status/1723176649695305879?s=20
FixReducedOffersV1 will become active after two weeks if the upvotes surpass 80%.
September saw the release of version 1.12.0 of the XRP Ledger (rippled server), as previously announced.
Three significant amendments and more features were added to rippled, the XRP Ledger protocol reference server, in version 1.12.0: AMM, fixReducedOffersV1, and Clawback.
The fixReducedOffersV1 amendment, which received 82.86% of the vote in favour, is the most popular of the three and will begin a 14-day countdown to activation.
Protocol modifications are only permitted under the XRP Ledger’s amendment procedure after two weeks of greater than 80% validator support.
Therefore, it is advised that XRPL node operators update to the most recent version, 1.12.0, as soon as possible. Failure to do so might result in amendment-blocked access.
FixReducedOffersV1, which reduces the likelihood of order books being blocked by lowered offers, is anticipated to provide XRPL a much-needed repair.
This amendment rounds down the exchange rate of a decreased offer such that, from the taker’s point of view, it is either better or equal to the original offer. This makes it possible for offers that match the initial, full quantity to consume the lowered offer. One XRP drop is the maximum amount of the rounded total.
Without this modification, the conversion rate after rounding up an offer with extremely small leftover amounts might be far worse than it was before. This may result in a very small bid “blocking” the acceptance of larger offers in the same order book.
