Jupiter: Will explore allowing users to deposit JLP to borrow USDC

PANews reported on January 25 that Jupiter posted on the X platform that a new idea was released in Catstanbul today, allowing users to deposit JLP and borrow USDC, which can increase the utilization rate of USDC and increase the APY of JLP holders. Liquidation will be carried out by redeeming JLP, releasing its collateral in the fund pool.

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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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