Solend Status

Status updates for @solendprotocol, turn on notifications! Algorithmic, decentralized protocol for lending and borrowing on Solana.

[Jupiter @JupiterExchange]

Welcome to Jupiter Planetary Dev Week Day 1!

Today, we officially release our v6 Quote API which makes developing complex use cases on Solana much easier.

Key upgrades include using the new Métis engine, shared token accts, token ledger & many more 🔥

https://t.co/aEamjiNJM3

[Solend Status @solendstatus]

TURBO SOL pool updates:

- SOL deposit limit increased to 200k
- USDC deposit limit increased to 4M

[Solend Status @solendstatus]

Borrows in the TURBO SOL pool have been reenabled.

Borrows were temporarily disabled out of an abundance of caution due to the decline in liquidity and the exploit of Ethereum-based lending protocol Euler.

[Solend Status @solendstatus]

Risk parameters are being reevaluated given the decline in liquidity. Borrows will be reenabled as soon as possible.

[Solend Status @solendstatus]

Borrows in the TURBO SOL pool have been temporarily disabled.

[Solend Status @solendstatus]

Some updates to the Stable Pool:

- USDC and USDT deposits and borrows have been enabled
- USDC and USDT open LTVs have been updated from 95% to 90%
- PAI, USDH, UXD, and USH open LTVs have been reduced to 0
- The Stable Pool has become uninsured

https://t.co/cg782kq0a6

[Solend Status @solendstatus]

USDC deposit limits in the TURBO SOL pool have been updated to the following:

User deposit limit: 400k
Reserve deposit limit: 2M

[Solend Status @solendstatus]

USDC deposit limits in the TURBO SOL pool have been updated to the following:

User deposit limit: 240k
Reserve deposit limit: 1.2M

[Solend Status @solendstatus]

soBTC open LTV and close LTV in Kamino USDH pool will be set to 0 in 24hrs.

[Solend Status @solendstatus]

Borrow APRs in the Stable, Coin98, and Kamino pools have been set to 0%.

[Solend Status @solendstatus]

SRM open LTV, close LTV, and liquidation penalty will be set to 0.

[Solend Status @solendstatus]

Main Pool SLND open LTV, close LTV, and liquidation penalty will be set to 0.

[Solend Status @solendstatus]

USDH close LTV has been updated to 0

[Solend Status @solendstatus]

Deposits and borrows have been disabled for FTT.

FTT Open LTV has been reduced to 0%; this does not affect existing positions.

[Solend Status @solendstatus]

.@Kamino_Finance deposit limits in the Kamino USDH pool on Solend have been increased.

USDC Min borrow APR has also been reduced.

Deposit Kamino LPs and borrow USDC/USDH to leverage your position and earn additional HBB rewards. @HubbleProtocol

https://t.co/7zbJWBLNy6

[Save (formerly Solend) @save_finance]

Solend will be running an origination fee waiver for the next 72H!

Borrow in Main pool without any origination fees.

[Solend Status @solendstatus]

.@coin98_wallet rewards in the Coin98 pool will be changed to the following at 10/21 UTC 8:00.

Deposit stablecoins from @HedgeLabs,
@HubbleProtocol, @UXDProtocol, and @gopartyparrot to earn C98 tokens!

These rewards will be distributed over the course of 1 month.

[Solend Status @solendstatus]

LTVs for RAY and ORCA will be reduced to 35% and 0% respectively on 11/22, 0:00 UTC.

These changes minimize longtail risk for Main pool, and will be revisited in the future.

This only affects fresh borrows against RAY and ORCA as collateral, after the stipulated date.

[Solend Status @solendstatus]

@donbalitor Which is why they are in isolated pools.

Fallout of any situation is limited to an isolated set of users and tvl.

[Solend Status @solendstatus]

SLND, ORCA, RAY and SRM deposits and borrows in Main pool have been temporarily disabled.

Solend will conduct a full risk evaluation, before slowly enabling these assets again on the platform.