Solana’s Biggest DeFi Lender Almost Got Rekt. Then Binance Stepped In

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Solana’s Biggest DeFi Lender Almost Got Rekt. Then Binance Stepped In

Many DeFi protocols put code changes up to the community. Their token holders get to vote on new listings, rate hikes, partnerships, that sort of thing. The bigger the user’s token trove, the weightier their opinion. It’s an imperfect system for managing purportedly decentralized systems, albeit a popular one. www.coindesk.com

Many DeFi protocols put code changes up to the community. Their token holders get to vote on new listings, rate hikes, partnerships, that sort of thing. The bigger the user’s token trove, the weightier their opinion. It’s an imperfect system for managing purportedly decentralized systems, albeit a popular one.

www.coindesk.com