A sizable lending position on the Solana-based lending platform Solend is currently underwater, but infrastructural problems are keeping it from being effectively liquidated. Solend consequently runs the chance of racking up a bad loan. Solend Liquidation The loan is a part of Solend’s primary lending pool. The value of the collateral utilized as the loan’s security has decreased due to a drastic decline in Solana (SOL) prices, which have dropped by almost 50% in the last three days. Normally, other market players would have sold the loan to pay off the debt. However, the platform has encountered oracle challenges linked The post Solend Struggling to Liquidate SOL Loan Due to Congestion appeared first on Cryptoknowmics-Crypto News and Media Platform .
