If sol's price sank below $22.30, 20% of the account's collateral — about $21 million — is at risk of being liquidated, Solend said. Sol was trading at a price of $34.49 on Monday.
Solend said the measure would allow it to liquidate the whale's assets via "over-the-counter" transactions — as opposed to on-exchanges trades — to avoid a possible cascade of liquidations.The move led to a backlash on Twitter, with some questioning Solend's decentralization. One of DeFi's core tenets is that it's meant to do away with centralized institutions like banks.
Not very Klever, be klever_io
Crypto is just a form of terrorism. It won't be long till we're back in Iraq.
stable system if one account can collapse the system...
Puts in questions the whole ‘DeFi’ system
reeeeeeeeeeeeeee
When are people going to get it, all you have to do is aquire and self custody btc all these other sh'tcoins are a casino that make up the rules as they go 🤷♂️ every cycle is the same
For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him ALEX_C_JENNINGS Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
The dream of getting rich from this cryptocurrency has devastated many people here. Except me
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