? Want to work with us? CryptoSlate is hiring for a handful of positions! Solana-based decentralized finance protocol Solend backtracked on its initial proposal to take over a whale’s wallet by allowi...
Tag: Solend
Solend Revert Backs Its Move As SOL Surges By Double-digit Gains!
The folks from the digital market have been witnessing torrential shocks coming from all directions. While the tremors of the crisis are yet to subside. The news of Solana-based Solend taking control...
Solend DAO is Increasing Voting Time and Invalidating SLND1
Solend DAO has undergone quick modifications in recent months. Despite introducing SLND1 fairly recently, the project received harsh criticism from its users. The venture has decided to address the co...
Solend Community Votes to Backtrack on Whale Takeover Plot
Key Takeaways The Solend community has passed a proposal to invalidate an earlier plan to take over a whale’s account. Solend had urged users to vote on a proposal that suggested intercepting th...
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 ...
Solend invalidates Solana whale wallet takeover plan with second governance vote
Solana-based decentralized finance (DeFi) lending protocol Solend has created another governance vote to invalidate the recently-approved proposal that gives Solend Labs “emergency powers”...
Solana-based lending Platform Solend Steps Back from Controlling the Whale Account
The broader crypto lending and the staking markets have been undergoing one of the worst crises in history amid a wave of liquidations recently. On Sunday, Solana-based “decentralized” lending platfor...
Solend pays users to vote on proposal to liquidate whale wallet OTC and avoid “bad debt”
? Want to work with us? CryptoSlate is hiring for a handful of positions! Solend, a Solana-based lending platform with over $1 billion in deposits, has voted on a governance proposal to take over a wh...
What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion
On June 19, the decentralized finance sector came under scrutiny again after DeFi protocol, Solend put together a spur-of-the-moment governance proposal related to one of the whale wallets at risk of ...
Solend with potential to reshape Solana lending ecosystem
Solend, an algorithmic, decentralized protocol for lending and borrowing, is working on an exciting new product that has the potential to transform the lending ecosystem on Solana (SOL/USD). The produ...