Solend Releases New SLND3 Proposal Vote

Solend releases new SLND3 proposal vote aimed at addressing the liquidation of whales. Proposals put forward include: Introduce a per-account borrow limit of $50M. Any debt above this limit will be eligible for liquidation, regardless of collateral value; Roll this out gradually by starting the per-account borrow limit at $120M USD and reducing it gradually until $50M is reached. A reduction of $500K per hour will be targeted; Temporarily reduce the maximum liquidation close factor from 20% to 1%; Temporarily reduce the liquidation penalty for SOL from 5% to 2%. If approved, the proposal will take effect as soon as possible.