SOLANAS LENDING PLATFORM SOLEND VOTES TO TEMPORARILY CONTROL THE WHALE ACCOUNT

Last updated: June 16, 2025, 07:40  |  Written by: Meltem Demirors

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

Users Of Solana

Solend Takes Over Whale Account; What Does It Mean

Solend invalidates Solana whale wallet takeover plan with second

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

The Governance Vote

Solana’s Lending Platform Solend Votes to Temporarily

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 Initiates Second Governance Votes to Invalidate

On Sunday

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

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

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

Solend votes to liquidate whale account; Is this end of

Solana’s Solend Withdraws From Controlling The Whale Account

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

Solana-based lending Platform Solend Steps Back from

Solend invalidates Solana whale takeover plan with

Meltem Demirors can be reached at [email protected].

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