After a series of massive crypto liquidation cascades from Terra LUNA to prominent CeFi lenders and hedge funds, it appears that the Solana blockchain and SOL was to be the next domino to fall. A chunk of SOL crypto belonging to a whale on the Solend Finance crypto lending platform was at risk of being liquidated if the SOL price were to fall below $22.03. Drama ensued including a governance proposal and vote to hijack the whale’s account. It passed, only to be overturned again after uproar from the crypto community. What happened next? Watch this video to get all the details on the Solana liquidation news story that had every Solana maxi glued to their screens.
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Solana liquidation? Solend DeFi whale escapes liquidation via vote: Solana news | Crypto News Today with Layah Heilpern
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