Jump to content

XRP Account Base reserve lowered to 10 XRP, and Owner reserve lowered to 2 XRP


Recommended Posts

Nice. I wonder does this indicate confidence from the major validator owners that the price is unlikely to drop back to the 20-30c range for a sustained period.

Does anyone know if any validators posted publicly about their reasons for voting this way?

Link to comment
Share on other sites

3 minutes ago, panmores said:

Sweet - does this auto reflect with trust lines? Still see the same XRP holdings. Or how does it free up the XRP for lower reserve and trust line costs?


You still have the same amount of XRP, just the amount that's locked into your wallet and can't be spent is lower. If you're using XUMM, the app hasn't been updated to reflect the lower reserves yet. XRPL Labs said they're working on getting out an update shortly.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.