meow (@weremeow): incredibly excited to see the most advanced lending & money markets in defi land on Jupiter!
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incredibly excited to see the most advanced lending & money markets in defi land on Jupiter! powered by @0xfluid (which actually became the top volume in ethereum briefly yesterday), Jupiter lend will have industry leading LTV, LT & liquidation penalties (1%), while allowing us to customize params for max safety and all. this is still in private beta, and configurations and incentives and ux are all still in the works. so plz lower expectations and give us a lot of feedback, this is a really big step in our quest to bring the best technology possible to Solana and Jupiter. to understand how the fluid lending and liquidation system works, please refer to the whitepaper below, I promise you will find it super interesting if you are a defi nerd. this beta also marks the first of many collaborations we will be doing with @smykjain, @DeFi_Made_Here @thrilok_kumar and the fluid team to advance the future of liquidity in defi. having worked w them for 7 years and counting, this is extremely thrilling for us to be building this part of the defi super app together! 🫡 Quote [@JupiterExchange](https://www.twitter.com/JupiterExchange/status/1952754577884799213) > We're one step closer to launching the most advanced money market on Solana with @0xFluid > > Today, the Jupiter Lend Private Beta is live for those on the waitlist 🥳 > > Public Launch (with incentives from 10+ partners) drops later this month > > But first, let's set expectations... 🧵 https://t.co/LKLYyvJXs9