Solend's Proposal SLND3 Approved

Solana ecosystem lending protocol Solend's proposal SLND3 was approved. The proposal addresses the liquidation of the giant whale by proposing to introduce a per-account borrow limit of $50M, temporarily reduce the maximum liquidation close factor from 20% to 1% and reduce the liquidation penalty for $SOL from 5% to 2%.
Source

Solana

Lending

DeFi

In This Article

Related News
Daily Market Wrap | Feb. 17 Daily Market Wrap | Feb. 17
Daily Market Wrap | Feb. 14 Daily Market Wrap | Feb. 14
Daily Market Wrap | Jan. 27 Daily Market Wrap | Jan. 27
Daily Market Wrap | Jan. 13 Daily Market Wrap | Jan. 13
Daily Market Wrap | Jan. 08 Daily Market Wrap | Jan. 08
Latest News More More
Daily Market Wrap | Mar. 10
18 Hours Ago Daily Market Wrap | Mar. 09
3 Days Ago Daily Market Wrap | Mar. 06
4 Days Ago Daily Market Wrap | Mar. 05
5 Days Ago Daily Market Wrap | Mar. 04
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open