$JUP
Jupiter's new lending protocol LTV skyrockets to 90%, is the Solana ecosystem trying to turn DeFi into Wall Street?
Jupiter is about to break the DeFi ceiling! Yesterday at the Solana Accelerate conference, the brand new lending protocol Jupiter Lend was announced, partnering with the well-established Ethereum protocol Fluid to make waves, directly raising the loan-to-value ratio (LTV) to 90%! Compared to the industry average of 75%, this move is simply handing out nuclear-powered leverage to retail investors!
What's even bolder is the introduction of a dynamic risk isolation mechanism, as if they're afraid you won't liquidate fast enough, right? (manual dog head emoji) Let's dive deep into whether this operation can help Solana break through Aave and Compound in the lending race!