Jupiter, a DEX in the Solana ecosystem, is preparing to launch the Jupiter Lend lending protocol on schedule, starting with a private beta.

Jupiter Lend will open to the public in August with advantages of loan-to-value ratios (LTV) up to 95%, almost no liquidation penalties, numerous storage vaults, and attractive annual yields.

MAIN CONTENT

  • Jupiter Lend launches a private beta for pre-registered users.

  • Public launch is expected with a maximum LTV of 95% and minimal liquidation penalties.

  • Offering multiple storage vaults and attractive APY for users.

What is Jupiter Lend and its significance in the Solana ecosystem?

Jupiter Lend is a new lending protocol developed by DEX Jupiter on Solana, offering diverse DeFi solutions.

The protocol allows users to borrow based on collateral with high LTV ratios while providing multiple vaults to optimize liquidity and yield, thus promoting the development of the Solana DeFi ecosystem.

When will Jupiter Lend launch and who will experience it first?

Jupiter Lend started with a private beta for those on the waiting list from August 6.

The public version is expected to be officially launched in August, expanding access to the entire community. This helps ensure thorough testing to guarantee safety and quality of experience.

What features attract users to Jupiter Lend?

Jupiter Lend has a loan-to-value ratio (LTV) of up to 95%, almost no penalties for asset liquidation, and supports multiple vaults to diversify investment opportunities.

Especially with attractive APY levels, this protocol generates high annual returns, meeting the borrowing and lending needs in the DeFi sector on Solana.

"The launch of Jupiter Lend not only enriches the Solana ecosystem but also expands DeFi accessibility for users."

Representative of the Jupiter development team, August 2024

What are the next development steps for Jupiter Lend?

After the private beta, Jupiter Lend will refine the protocol, integrate user feedback, and optimize features.

The public launch will bring the product closer to the broader market, facilitate real-world testing, and build trust from the DeFi community on Solana.

Frequently Asked Questions

What is Jupiter Lend?

Jupiter Lend is the lending protocol on Solana from DEX Jupiter, providing collateral-based loan solutions with high LTV and diverse vaults.

When will Jupiter Lend officially launch?

The private beta has been available since August 6, with the public version expected to launch in August 2024.

What are the standout advantages of Jupiter Lend?

LTV up to 95%, almost no liquidation penalties, and offers attractive APY with various storage vaults.

Who can participate in the beta of Jupiter Lend?

Only those on the pre-registration list can participate in the private beta.

How does Jupiter Lend affect the Solana ecosystem?

This protocol expands borrowing and profit-making capabilities, contributing to the development of DeFi on Solana.

Source: https://tintucbitcoin.com/jupiter-lend-ra-mat-beta-rieng/

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