Huge $JLP fan. It is the perfect token for someone who wants less volatility but still capture most of the upside. Check the chart. This is a great update. More JLP yield. If you want to earn on your JLP, @DeFiTuna (port co) has a nice lending pool for it. Needs higher limits.
Jupiter (🐱, 🐐)
Jupiter (🐱, 🐐)16.8. klo 02.15
Huge news for JLP holders: We will soon start natively staking up to $580M in SOL from the JLP pool to earn yield. This will boost JLP returns and massively increase the stake of Jupiter’s validator. Why this matters: • Idle SOL gets put to use generating yield • Rewards compound over time, turning staking rewards into more value for JLP holders • Liquidity stays flexible and can be unstaked anytime if needed A win for JLP, a win for @solana, and a win for Jupiter.
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