Solend, ’emergency powers,’ governance vote- Making sense of it all

Solend, ’emergency powers,’ governance vote- Making sense of it all


AMB Crypto
2022-06-21 13:30:58

The broader crypto lending and the staking markets underwent one of the worst crises in history. Different networks suffered repercussions because of liquidation havoc. On 19 June, Solend Protocol, a DeFi network used for borrowing and lending crypto-assets such as Solana [SOL] was affected. Fearing extreme sell-offs, the network released initiated proposals to avoid a […]