3 ms·
>Claiming it's to prevent a drop in Solana's price is clickbait & editorializing. But … that’s one of the reasons they cite in justifying the proposal. >> It'
by SilasX 4y ago
>Claiming it's to prevent a drop in Solana's price is clickbait & editorializing.
But … that’s one of the reasons they cite in justifying the proposal.
>> It'd be difficult for the market to absorb such an impact since liquidators generally market sell on DEXes. In the worst case, Solend could end up with bad debt. This could cause chaos, putting a strain on the Solana network. Liquidators would be especially active and spamming the liquidate function, which has been known to be a factor causing Solana to go down in the past.
https://realms.today/dao/7sf3tcWm58vhtkJMwuw2P3T6UBX7UE5VKxPMnXJUZ1Hn/proposal/HuaL6cDtuNtfnJgvwMnYiZDHVCoLAuDtVFgJD8kYChJ4 https://realms.today/dao/7sf3tcWm58vhtkJMwuw2P3T6UBX7UE5VKxP...