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Jupiter: Will explore allowing users to deposit JLP and borrow USDC

2025-01-25 09:39

Odaily News Jupiter posted on the X platform that it has released an idea that allows users to deposit JLP and borrow USDC, which can increase the utilization of USDC and increase the APY of JLP holders. Liquidation will be carried out by redeeming JLP, releasing its collateral in the fund pool.