Solend Liquidates Whale

offering zero compensation. About a one minute read.

Comment: we’re now starting to see DAOs exercised in edge cases. What to do when a Whale legally acquires some 95% of deposits in a protocol? The DAO voted to liquidate that position. Both perspectives. Pro:the DAO was concerned, in the current market environment, about The Whale’s potential impact on SOL, it’s underlying currency. Con: DAO’s actions are indistinguishable from theft.