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OverMilHit-Mil

$170 million borrow on Solana is close to liquidation but

on-chain liquidity isn't enough so Solend is running a governance vote to take over the account and liquidate it OTC

The whale has $170 million SOL position that will get liquidated if SOL drops to $22.30. Up to 20% of the position will be liquidated at that point, but such a large trade will cause huge price impact if executed on the Solana chain.

The Solend team has been trying to contact the whale with no success. Currently the Solend DAO is voting on a proposal to take over the account in order to liquidate it using more liquid OTC markets.

Is this a joke ? lol

#blockchain #cryptocurrency #english #sol
0

1 ответов

13 просмотров
Andre-Castro 🇧🇷

Now solana is half onchain , half off chain lol

0
20.06.2022

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