Lido Lend proposes emergency pause on loan repayments and lender exits
DEFILido Lendcoinbrief/daily · 2 sources
- Severity
- Low
- Sources
- 2
What happened
Lido Lend, a crypto lending service, has proposed an emergency pause. It would stop borrowers repaying loans and lenders withdrawing their funds, and it would also stop liquidations, while interest would keep building up. A separate governance proposal could remove the pause's automatic end date.
Like I’m new · Written by AI from 2 sources · Wrong?
What to do
- Check whether you have open positions on Lido Lend, since the proposed pause would affect repayments and withdrawals.
- Watch the governance proposal for the pause and for the change to its automatic expiry.
Written by AI from the sources, checked against them
Full story timeline · 2 updates
Who reported · 2 outlets
CryptoSlateThe Defiant
Who and what is in it
Products
Comments · 0
No comments yet.
Sign in to comment. It is free.
Be civil and stay on the story. No links, no financial tips, no personal details. Your first comment is checked by a person before it appears. Reports hide a comment until an editor looks. Comments are opinions of readers, not advice.