Published inSolend·Jul 19, 2022Permissionless PoolsSolend launched Isolated Pools a few months ago which has been a great success! Solend currently supports 47 assets across 16 pools. Excluding the main pool, these Isolated Pools haved $13M in TVL and over 2.5K users (which would make it the 23rd largest DeFi protocol on Solana!) Following up…Solend4 min readSolend4 min read
Published inSolend·Jul 15, 2022Solend Protocol FeesSolend is introducing two types of fees: interest rate spread and liquidation fees. These fees will be collected as protocol revenue, going to the DAO treasury. SLND token holders will be able to decide how to use these funds in the future. These fees will go live August 16 (UTC)…Solend2 min readSolend2 min read
Published inSolend·Jul 12, 2022lsIN Oracle Issues and Invictus Pool Shut downBetween Jul 4 16:00 UTC to Jul 6 11:00 UTC, there were issues with the lsIN price oracle, causing wrongful liquidations to occur. In total, 22 accounts were affected and experienced $1,140.53 in wrongful liquidation penalties. …Solend1 min readSolend1 min read
Published inSolend·Jun 20, 2022SLND3: Introduce Account Borrow LimitThis is a copy of the governance proposal to be posted at https://govern.solend.fi/dao/SLND/proposal/CmrzCA2vQxqptyzZ8A9RSG9GeC7gB8nxKs2RvXiiwvh6. Dear Solend community, The Solend whale situation is continuing to impose a heavy strain on Solend users. Users still can’t withdraw USDC, positions collateralized by USDC still can’t be liquidated, and there’s still systemic risk on Solend. …Solend2 min readSolend2 min read
Published inSolend·Jun 20, 2022SLND2: Invalidate SLND1 and Increase Voting TimeThis is a copy of the governance proposal to be posted at https://realms.today/dao/7sf3tcWm58vhtkJMwuw2P3T6UBX7UE5VKxPMnXJUZ1Hn. Dear Solend community, We’ve been listening to your criticisms about SLND1 and the way in which it was conducted. …Solend1 min readSolend1 min read
Published inSolend·Jun 19, 2022SLND1: Mitigate Risk From WhaleThis is a copy of the governance proposal to be posted at https://realms.today/dao/7sf3tcWm58vhtkJMwuw2P3T6UBX7UE5VKxPMnXJUZ1Hn. Dear Solend community, As you may know, the largest user on Solend (3oSE9CtGMQeAdtkm2U3ENhEpkFMfvrckJMA8QwVsuRbE) has an extremely large margin position that is putting Solend protocol and its users at risk. Here are details about the user at the…Solend3 min readSolend3 min read
Published inSolend·Jun 15, 2022Liquidity Mining 2.0 Phase 3Starting July 1st, 2022, all SLND rewards on Solend will become options. Details of the options are as follows: American style (can be exercised any time) Strike price of 10% the price of SLND at the end of the period 1-year expiry Redeemable at the beginning of the next month…Solana2 min readSolana2 min read
Published inSolend·Apr 28, 2022Liquidity Mining 2.0 Phase 2TURBO SOL Rewards Migration — Solend’s liquidity mining program is moving into the next phase of the transition to LM 2.0. For the month of May, TURBO SOL pool rewards will be replaced with call options. Details of the options are as follows: American style (can be exercised any time) Strike price of 50% the…Solana2 min readSolana2 min read
Published inSolend·Apr 22, 2022Solend Referral ProgramToday we’re launching the Solend Referral Program! Refer others to earn 20% of fees generated, and get a 20% rebate for yourself! TLDR Get your referral link and see what you’ve earned here solend.fi/referral To qualify, hold a combined 1,000 SLND tokens in your wallet and/or in Solend You’ll receive…Solend2 min readSolend2 min read
Published inSolend·Mar 31, 2022NFT Isolated Pool with Solana Monkey BusinessToday we’re announcing the launch of the NFT isolated pool, with Solana Monkey Business. https://solend.fi/dashboard?pool=nft Solvent is an NFT liquidity platform where users can deposit NFTs into a bucket to get fungible tokens (droplet) at a 1:100 ratio. Droplets track the collection’s floor price and can be traded on a…Nft2 min readNft2 min read
