On 19 June, Solend Protocol, a DeFi network used for borrowing and lending crypto-assets such as Solana [SOL], was hit by a liquidation crisis. The crisis came around due to fears of liquidation that would hit Solana decentralized exchanges if the whale that had deposited 95% of Solend’s entire SOL pool got liquidated. Since attempts […] Solend Network: Will a new vote, proposal mean differing fortunes for SLND
On 19 June, Solend Protocol, a DeFi network used for borrowing and lending crypto-assets such as Solana [SOL], was hit by a liquidation crisis. The crisis came around due to fears of liquidation that would hit Solana decentralized exchanges if the whale that had deposited 95% of Solend’s entire SOL pool got liquidated. Since attempts […] 
4 years ago
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