jakiro
Author: Jack Inabinet, Bankless; Compilation: Tao Zhu, Bitchain Vision Realm
MRGN is in chaos.Yesterday, Solana’s second largest borrowing agreement fell into chaos, causing a large number of users to feel uneasy.Should you rush to withdraw funds?
The pledge agreement Solblaze triggered this farce. It publicly accused Marginfi’s dishonesty behavior, violated Blze emission standards, failed to allocate user incentives within three weeks, and distributed airdrops. It aims to allow Marginfi to participate in Solblaze governance, although trying to contact the team.
MRGN co -founder Macbrenna Peet bluntly expressed his different opinions on these allegations.
He claimsFailure to pay the user allocation is caused by the congestion on the solana chain, And only happened in the past three days, further maintaining the agreement to pay the Blze reward to users at their own expense, and played an important role in promoting the BSOL integration in Solana DEFI.
When Crypto Twitter was involved in disputes about issuance disputes, another co -founder of the MRGN team Edgar Pavlovsky posted the news that he resigned all Marginfi affairs on Twitter, shockedAfter the entire industry, the news was then confirmed by the agreement.
Kyle Samani, co -founder of Multicoin Capital, tried to support his risk investment. He did not unexpectedly say that he did not intend to withdraw money from his investment portfolio.
Nevertheless, others are still worried that the instability of the agreement may indicate that it may cause losses to be lost, although the ownership of multiple signatures of Marginfi is distributed between multiple signatures.
As an increasingly fierce controversy and a response to the recent hopes of airdrops, the margin depositors have begun to escape and seek better development space, which leads to the total value (TVL) of the application locking.MarchThe income obtained.
The founder of Solend 0xrooter heard the bloody smell, condemned the Marginfi team to sing Solend, and announced that the platform would withdraw from the user airdrops from the Marginfi borrowing market in the borrowing market.
In the past 24 hours, Marginfi’s TVL has suddenly attracted widespread attention, but since the beginning of March, the agreement has been significantly in trouble. At that time, it was overthrown by competitors Kamino.Essence
Although the initial Solblaze incident that caused this dilemma seemed to be friendly, the uncertainty of Marginfi continued to increase in the future, and it was clear that the agreement was at a critical moment, or it was necessary to fight for user support, or faced it with nothing to do with it.Key risk.
Marginfi’s YBX decentralized stable coin release and the completion of other 2024 roadmap projects may help the agreement stand back to the foothold, but returning to the industry can only provide users with what they really want: airdrops: airdrops: airdropsTokens to implement.
Although Marginfi hopes that it can eliminate the damage caused by yesterday, the agreement truly controls its own destiny. The future success depends only on the willingness to abandon the tokens. This fact is recognized by traders who continue to pricing on PolyMarket.The possibility of airdrops before the end of June exceeded 50%.
Considering that Kamino’s snapshot announcement has doubled the TVL and expands the deposit of its borrowing market to $ 1.2 billion, it is not impossible for MarginFi to reintegrate the laurel through the clever airdrop distribution.
