Solend users vote in favor of proposal to mitigate risk imposed by ‘whale’ By michael40712627
The proposal to “mitigate risk from the whale” noted that the user in question had 95% of SOL deposits in the protocol’s main pool and had not been heard from in 12 days, among other points.
Users of Solend, a decentralized protocol for lending and borrowing on Solana, today voted overwhelmingly in favor of a proposal aimed at mitigating risk imposed by a specific user with a big margin position on Solend.to “mitigate risk from the whale” noted that the user in question had 95% of SOL deposits in the protocol’s main pool and had not been heard from in 12 days, among other points.
The proposal’s authors said they had been unable to get the whale to reduce the risk, so it was clear that action had to be taken, and hence the vote.
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