SOLANAS LENDING PLATFORM SOLEND VOTES TO TEMPORARILY CONTROL THE WHALE ACCOUNT

Last updated: June 16, 2025, 00:24  |  Written by: Dan Larimer

Solanas Lending Platform Solend Votes To Temporarily Control The Whale Account
Solanas Lending Platform Solend Votes To Temporarily Control The Whale Account

The Majority Of Users Of

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

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

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

The Initial Outcry Against Solend

Solend invalidates Solana whale wallet takeover plan with second

Solend Initiates Second Governance Votes to Invalidate

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

Solana-based lending Platform Solend Steps Back from

Solend Takes Over Whale Account; What Does It Mean

Users Of Solana

Solend votes to liquidate whale account; Is this end of

Solana’s Lending Platform Solend Votes to Temporarily

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

Solend invalidates Solana whale takeover plan with

Solana’s Solend Withdraws From Controlling The Whale Account

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

Dan Larimer can be reached at [email protected].

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