The bug-fix package, called fixCleanup3_4_0, had exactly 29 votes as of Monday and is nine days into its two-week countdown, according to the XRPL Dashboard. It has no votes to spare: one validator pulling its support would restart the clock.
A change to the network's rules needs backing from more than 80% of the 35 validators the network trusts by default, which works out to 29 votes, and that backing must hold for two straight weeks. Validators are the independent servers that agree on which transactions count.
The lending system Ripple has pitched to banks and payment companies since June currently has 19 votes. The separate amendment for the vaults that would hold lenders' money has 21. Neither has started a countdown, so even if both hit 29 votes today, lending could not go live before early November.
Under the plan, a lender deposits XRP or another token into a vault, and a loan broker lends that money out for a fixed term. The ledger records the loan and tracks repayments, and the broker decides offchain whether a borrower has defaulted. Borrowers do not post collateral, so the broker's judgment is all that stands between lenders and a default. Ripple has pitched the setup to payment companies that need cash while a cross-border settlement clears.
The patch also closes a loophole that could let an account allowed only to burn, or destroy, tokens on an issuer's behalf create new ones under certain conditions, according to the xrpld 3.4.0 release notes. It further changes how vaults round amounts and how the lending code decides when a loan is late or in default.