ALGORITHM ON JULY

The Majority Of Users Of

Solend Takes Over Whale Account; What Does It Mean

The majority of users of Solend, Solana-based lending and borrowing service platform, has voted to control the largest whale account to mitigate liquidation risks and this

Solend votes to liquidate whale account; Is this end of

The Governance Vote

The governance vote, a first of its kind for the platform, will allow Solend Labs “emergency powers” over the account, which will allow the protocol to liquidate the

Solana-based lending Platform Solend Steps Back from

On Sunday, the crypto lending platform launched a governance vote titled “SLND1 : Mitigate Risk From Whale.” It allowed Solend to reduce the risk the whale’s

Users Of Solana

A Solana-based lending platform votes to take control over a

Users of Solana-based borrowing and lending service Solend voted Sunday to force a takeover of the protocol's largest account: a whale whose extremely large margin

Solana’s Lending Platform Solend Votes to Temporarily

The Initial Outcry Against Solend

The initial outcry against Solend's SNLD1 proposal has made it propose an SNLD2, with the bid to step back from controlling the whale account, which has since gotten a

Solana DeFi Platform Votes to Control Whale Account in Bid

Solend invalidates Solana whale takeover plan with

Solend Initiates Second Governance Votes to Invalidate

Solend invalidates Solana whale wallet takeover plan with second

Solana’s Solend Withdraws From Controlling The Whale Account