
Off-Chain 6/24/22: The Solana Smartphone, a $52mm Superyacht, and SBF Saves the Day (again).
The Decrypting Crypto Podcast
00:00
Solana Block Chain Liquidation
The solen team put forward a governmant's proposal where they proposed the team take manual control over the whales funds. And they would manage the liquidations themselves, bi o t c trades, over the counter trade. Now, here's where things get. We've seen big liquidations happen ono the on other chains, somewhat akin to this. Ah, then you've just got the general flood of soul that would go on the market. It would probably have caused the salana block chain to grind to a halt and just creat a ton of further cascades. Not good. Is the is thet d on on this, i would say.
Play episode from 07:55
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