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Solend Launches SLND3 Proposal to Liquidate Whale Wallets
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Solend Launches SLND3 Proposal to Liquidate Whale Wallets

Jun 22, 2022
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Solend Launches SLND3 Proposal to Liquidate Whale Wallets
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Solend Launches SLND3 Proposal to Liquidate Whale Wallets
(Source: Solend)

Solana-based lending protocol Solend introduced the “SLND3” proposal intended to avoid a liquidity crisis as whale accounts have huge margin calls, a Tuesday statement showed.

Previously, Solend had planned to overtake the whale accounts with emergency powers. However, it faced huge questions about the authenticity of voting results.

On Tu…

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