New Solend Community Proposal Suggests to Revoke Previous Proposal Taking Over Giant Whale Accounts and Increase Voting Time

Solana ecosystem lending protocol Solend has released a new proposal, SLND2, which includes a proposal to nullify the results of the SLND1 proposal, increase the governance voting time to one day, and create a new proposal that does not involve emergency powers to take over accounts. Previously, Solend founder Rooter urged a particular whale (with an address beginning with 3oSE) to repay the loan as soon as possible to avoid liquidation risk. Solend has temporarily disabled $USDC, $USDT and $SOL borrowing from its Main Pool. In addition, SLND1, a governance proposal by the Solend community to establish special margin requirements for whales and the ability to temporarily take over whale accounts, has been adopted. In addition, Solend's community governance proposal SLND1, which sets special margin requirements for whales and allows them to temporarily take over whale accounts, has been adopted.