SOLANAS LENDING PLATFORM SOLEND VOTES TO TEMPORARILY CONTROL THE WHALE ACCOUNT

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

Solend invalidates Solana whale takeover plan with

Solana-based lending Platform Solend Steps Back from

The Initial Outcry Against Solend

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

Solend invalidates Solana whale wallet takeover plan with second

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

On Sunday

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

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

Solana DeFi Platform Votes to Control Whale Account in Bid

Solend Initiates Second Governance Votes to Invalidate

Solana’s Lending Platform Solend Votes to Temporarily

Solend Takes Over Whale Account; What Does It Mean

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

Solend votes to liquidate whale account; Is this end of

Solana’s Solend Withdraws From Controlling The Whale Account