Jupiter 🪐 (@JupiterExchange): Today, we’re publishing an idea to allow you to deposit JLP and borrow USDC.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Today, we’re publishing an idea to allow you to deposit JLP and borrow USDC. This can drive higher utilization rates for USDC, and improve APY for JLP holders. Liquidations will be done by redeeming JLP natively, releasing their collateral against the pool.