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Last updated: June 16, 2025, 17:19  |  Written by: Elizabeth Rossiello

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The Governance Vote

Solend Takes Over Whale Account; What Does It Mean

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

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

Solend invalidates Solana whale wallet takeover plan with second

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

Solana’s Lending Platform Solend Votes to Temporarily

The Majority Of Users Of

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

Solana DeFi Platform Votes to Control Whale Account in Bid

Solana-based lending Platform Solend Steps Back from

Solend invalidates Solana whale takeover plan with

Solana’s Solend Withdraws From Controlling The Whale Account

Solend Initiates Second Governance Votes to Invalidate

On Sunday

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

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

Solend votes to liquidate whale account; Is this end of

Elizabeth Rossiello can be reached at [email protected].

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