Post
Topic
Board Altcoin Discussion
Re: Solana survived the crash
by
Jackl87
on 23/06/2022, 11:05:43 UTC
Solend a decentralized loan project build on solana network almost create what could have been another sad story in the development of crypto currencies  but wisdom from solana government and voters safe the day. We could have had the same story of Luna in our hand if not decisions to stop whales from dumping. Good one from solana team.

Do you mean that proposal where all the Solana holders could vote if a huge whale basically gets taken away his funds because otherwise he would have the power to basically bring the whole project down if he would have decided to sell sometime in the future? If i remember correctly a overwhelming majority voted which is no surprise because it was good for the network as a whole. I still don't know though what happends to the funds of that big whale. I mean they can not just take it away from him right? If that would be the case then this would be extremely unfair and also a very bad message for everyone that is interested into crypto.