Summary: The Solend team has initiated a proposal to introduce a per-account borrow limit of $50 million. The limit will be rolled out gradually, starting with the per-account borrow limit at $120 million and reducing it till $50 million is reached. Solend recently rolled back a proposal to take over a Solana whale account facing possible liquidation that could have affected the platform’s liquidity. The Solana whale is reportedly repaying the debt on Solend and taking out collateral. The team […]
