• bitcoin logo Bitcoin (BTC) $83,413.17  -0.31%
  • {
  • ethereum logo Ethereum (ETH) $1,811.25  0.05%
  • tether logo Tether (USDT) $1.00  -0.01%
  • default logo Solana (SOL) 120.331859  -0.33%
  • cardano logo Cardano (ADA) $0.65  -1.43%
  • litecoin logo Litecoin (LTC) $82.42  -2.10%
  • {
  • default logo Helium (HNT) 2.843856  0.09%
  • {
  • default logo Polygon (MATIC) 0.25693  2.45%
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  • {
  • default logo X-CASH (XCASH) 2.0E-6  4.08%
  • dogecoin logo Dogecoin (DOGE) $0.00  -11.43%
Cryptocurrencies: 25799
Markets: 103857
Market Cap: $2,671,173,322,305     
24h Vol: $42,155,958,097
Coinnounce 2022-11-10 08:00:52

How Congestion caused Solend to struggle to pay off the SOL loan

Due to a sizable loan position that is now underwater, Solend is in danger of collecting bad debt. The initiative clarified that the enormous loan's owner is being steadily liquidated due to network congestion.
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