Jupiter to launch lending protocol Jupiter Lend on Solana

PANews reported on May 23 that Jupiter announced the launch of the lending protocol Jupiter Lend at the Solana Accelerate conference, which will be developed in cooperation with Fluid, the original Ethereum-based liquidity protocol. The protocol features a 90% loan-to-value ratio (LTV) and a dynamic risk isolation mechanism, which is significantly higher than the industry average of 75%. The platform is expected to go online this summer, and the waiting list is now open. Jupiter plans to launch the deposit protocol and vault protocol first, and encourage developers to build extended functions based on its platform.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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