Lido Lend Plan Proposes Blocking Repayments and Exits
A proposed emergency pause on Lido Lend would block loan repayments, lender exits, and liquidations while keeping interest accruing.
A proposed emergency pause for Lido Lend would block loan repayments, lender exits, and liquidations, according to TheDefiant. While repayments and exits would be halted under the plan, interest would continue to accrue.
Governance Mechanisms
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Additionally, a separate governance mechanism could remove the automatic expiry of the emergency pause. The proposal aims to address protocol conditions through specific operational halts.
Key facts
- The proposed emergency pause would block loan repayments on Lido Lend.
- Lender exits and liquidations would also be stopped under the measure.
- Interest payments would remain active during the pause.
- A separate governance mechanism could remove the automatic expiry of the pause.
Source: thedefiant.io
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