Tech

Solend Labs, a "decentralized" borrowing and lending protocol on Solana, voting to take over account sent 5.7 million SOL, more than 95% of team deposits (Danny Nelson/CoinDesk)




Danny Nelson / CoinDesk:

Solend Labs, a “decentralized” lending and borrowing protocol on Solana, votes to take over an account that deposited 5.7 million SOL, more than 95% of the pool’s deposits.– Solend users voted to “grant emergency permission to Solend Labs to temporarily take over whale accounts”.





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