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CoinGape
2022-06-21 04:16:39

Solana-based Solend Protocol Introduces Borrowing Limit, Reduces Max Liquidation

Solana-based Solend Protocol Introduces Borrowing Limit, Reduces Max Liquidation

As CoinGape reported, the Solana-based “decentralized” lending protocol Solend has been grappling to avoid a liquidity crisis amid the SOL price crashing and the whale accounts having huge margin calls. Earlier, the Solend protocol planned to overtake the whale accounts with emergency powers. However, it faced a huge backlash from the community. While the liquidity The post Solana-based Solend Protocol Introduces Borrowing Limit, Reduces Max Liquidation appeared first on CoinGape.

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