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Solana-Based Lending Platform Votes To Seize Whale’s Funds To Prevent Instability

Solana-Based Lending Platform Votes To Seize Whale’s Funds To Prevent Instability

A leading lending platform on the Solana (SOL) blockchain says a governance proposal urging users to grant it emergency powers to potentially seize the crypto assets of its largest whale has passed. According to the governance proposal, Solend (SLND) also sought to impose special margin requirements for whales that have borrowed more than a fifth […]

The post Solana-Based Lending Platform Votes To Seize Whale’s Funds To Prevent Instability appeared first on The Daily Hodl.

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