Solend Labs, a "decentralized" borrowing and lending protocol on Solana, votes to take over an account that deposited 5.7M SOL, over 95% of the pool's deposits (Danny Nelson/CoinDesk)

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Danny Nelson / CoinDesk:
Solend Labs, a “decentralized” borrowing and lending protocol on Solana, votes to take over an account that deposited 5.7M SOL, over 95% of the pool's deposits  —  Solend users voted to “grant emergency power to Solend Labs to temporarily take over the whale's account.”

from Techmeme https://ift.tt/U8sEdhb