Ward Protocol protects XLS-66 vault depositors against borrower defaults through automated, on-chain coverage — purpose-built for institutional capital deployment on the XRP Ledger.
PyPI pip install ward-protocolEvernorth, backed by Ripple and SBI Holdings, manages over $1 billion in XRP and has publicly committed to deploying capital into XLS-66 lending vaults — describing the opportunity as potentially unlocking a multi-billion dollar annual yield for the XRP community. What they need is the risk management layer that makes that deployment safe. That is Ward Protocol.
Risk management is mandatory — not optional — for institutional capital deployment. Uninsured DeFi protocols remain inaccessible to serious participants regardless of underlying technology quality.
First-loss capital protects against small shortfalls. When borrower defaults exceed that coverage, vault depositors bear the full loss. Ward Protocol insures that gap.
Ward Protocol is the first institutional insurance protocol purpose-built for the XRP Ledger. The infrastructure gap is real — and the window to fill it is now, as institutional adoption accelerates.
Ward Protocol operates as a fully automated insurance layer. No manual intervention. No off-chain dependencies. Every step is verifiable on the XRP Ledger.
Vault depositors purchase insurance policies. An XLS-20 NFT policy certificate is minted on-chain with coverage terms, premium rate, and expiry encoded in metadata.
Ward Protocol monitors XLS-66 vault events in real time via WebSocket. Risk-based premium pricing uses multi-factor assessment with 0.5x–2.0x multipliers based on vault health.
When a default event is detected, 9-step validation runs automatically. Valid claims trigger 48-hour escrow settlement with a community dispute window before payout.
Built specifically for the XRP Ledger using only native protocol standards. Ward Protocol coordinates XLS-66, XLS-30, XLS-20, and native Escrow into a unified insurance layer.
Multi-factor automated verification using XLS-66/65 formulas. Every claim validated on-chain before escrow settlement triggers.
XLS-20 NFTs serve as transferable insurance policies with coverage terms, risk tier, and expiry encoded directly in on-chain metadata.
Time-locked payouts with a community dispute window. Institutional-grade settlement with full on-chain auditability.
XLS-30 AMM pools aggregate institutional capital with a 200% minimum coverage ratio. Liquidity providers earn yield from premiums.
Conservative, achievable milestones. We set targets based on what we can actually deliver — not projections.
Ward Protocol is actively seeking XLS-66 vault operators for early integration partnerships. If you're building on XRPL lending infrastructure, reach out.