Jet Protocol

World first DeFi fixed term borrow/lend CLOB. Extreme composability: margin account + leveraged swaps & staking + arb rates = strategies.

[Jet Protocol @JetProtocol]

This is the final reminder to remove funds from https://t.co/1YrHRzzSG2 and https://t.co/heirw647pr - the app will be completely shut down on May 1st - any users with funds remaining after that date will not be able to access the app. Thank you https://t.co/lxfHROzKWU

[Jet Protocol @JetProtocol]

Another reminder that all funds should be withdrawn from Jet Protocol by February 1st, 2024.

[Jet Protocol @JetProtocol]

To anyone with funds on the protocol, please read:

[jrm @jrmoreau]

With a heavy heart I shared this last week on the @JetProtocol forum and to our investors, but am sharing it more broadly now on social channels.

tl;dr - Jet Protocol is shutting down - take any and all funds off of https://t.co/p9k1ptmGjh and https://t.co/TCYr63wyED bu February 1st, 2024.

All borrows have been halted and there are still positions on the protocol which must be paid back and withdrawn.

If you have any issues withdrawing or questions, my DM's are open.

Thank you all

https://t.co/t5TaOMcDJP

[Jet Protocol @JetProtocol]

Pyth's continuous price updates are the backbone of Jet Protocol, safeguarding assets and mitigating risk.
🌐✨ Trust the oracle that keeps Jet safe.

[Jet Protocol @JetProtocol]

The oracle keeps Jet informed about the ever-changing prices of both SOL and WBTC, ensuring that the protocol is always calculating an accurate risk assessment of positions opened by users of the protocol.

[Jet Protocol @JetProtocol]

Why is an oracle essential? 🤔 Well, imagine a user deposits SOL as collateral to borrow WBTC.

[Jet Protocol @JetProtocol]

Jet, the leading protocol for fixed term asset lending and borrowing, takes risk management seriously. That's why @PythNetwork, the most trusted oracle on Solana, plays a crucial role in maintaining protocol stability. 🚀

[Jet Protocol @JetProtocol]

Pyth provides a continuous real-time price feed for every listed asset, such as SOL, MSOL, USDC, and WBTC. 🔄💰 Listing new asset types on Jet requires a Pyth oracle before that asset can be used for collateral and lending, borrowing, and swapping.

[Jet Protocol @JetProtocol]

Coming soon to Jet - LP into @orca_so with leverage while lending and borrowing from your Jet margin account.

- Provide liquidity to @orca_so pools, either concentrated or spread over the entire range.
- LP positions will also count towards your Jet collateral!

Check it out👇

[JetDAO @JetDAOGov]

1/
1) Collateralize your Jet margin account with $USDC -
Earn variable interest
2) Borrow $SOL at fixed rate on @JetProtocol
3) Stake $SOL on @jito_labs - Earn $SOL staking yield
4) Lend $jitoSOL on @marginfi - Earn variable interest
+ earn points

[JetDAO @JetDAOGov]

JetDAO August Update is out.
Stay up-to-date with the latest news in the Jet ecosystem!
Check it out now 👇
https://t.co/X1B7L1LzmV

[Jet Protocol @JetProtocol]

Arbitrage opportunity spotted:

Jet Pools available USDC lending for (variable) 1.81%, while Jet Fixed has ~15,200 USDC in borrow requests available for 2.17% sitting on the Fixed Rate order book

Easily borrow from Pools and lend to Fixed Rate users from your Jet Margin Account!

[JetDAO @JetDAOGov]

The On-Chain voting for $BAT (@AttentionToken) has started today and will run for the next seven days on the @JetProtocol Governance portal.
Remember, in order to vote, you need to have at least $JET staked.
To vote: https://t.co/L1imB96OCh
Full proposal: https://t.co/RLPl4BptAp

[Jet Protocol @JetProtocol]

@PythNetwork has been the provider of price feeds since Jet’s inception, and on behalf of the new product launch, we’re sharing this blog for you to read and learn more about Jet Fixed and Pyth!

[Pyth Network 🔮 @PythNetwork]

On-chain lending is just taking off 🛫

@JetProtocol has left stealth mode to reveal a new product 🪄

Introducing: Fixed Rate—a first-of-its-kind marketplace for negotiating rates on an order book, made possible with #Pyth data 🔮

Learn more about Fixed Rate in the 🧵👇

[Jet Protocol @JetProtocol]

2/
It is aimed at all users, especially those who are beginning their DeFi journey!

Watch the video: https://t.co/trp4JgwWHy

[Jet Protocol @JetProtocol]

1/
From now on, you can visualize Jet Fixed and its utility through a video with explanatory audio for a smoother experience.
The video covers everything from how to connect your preferred wallet to Jet Margin, fund your account, and start using Jet Fixed.
👇

[OKX Wallet @wallet]

💪 We're big supporters of the Solana Ecosystem & the projects that build on @solana.

🙏 Thank you to the 1st round of Solana projects that support the #OKXWallet

@RaydiumProtocol
@marginfi
@JetProtocol
@JupiterExchange
@MeteoraAG
@AuroryProject
@DeFi_Land
@cypher_protocol

[JetDAO @JetDAOGov]

1/
A new asset onboarding proposal has been posted in the Jet Forum to include $BAT (@AttentionToken) as an asset to trade, borrow and lend in Jet Protocol.
Read the full proposal 👉https://t.co/RLPl4BoVKR

[Jet Protocol @JetProtocol]

If you missed today's @OKX_Ventures Twitter Space featuring Jet Protocol's James Moreau, you can listen in here! https://t.co/nt0xlboFzS

DeFi is f***ing #Fixed

[Jet Protocol @JetProtocol]

Learn more about fixed rate by reading here: https://t.co/yGE1JvEAkR

[Jet Protocol @JetProtocol]

Reminder that epoch 1 of the Jet Liquidity Incentive Program is underway!
https://t.co/at13vDj7Li

Check the open borrow and lend orders on each fixed rate market here to scope out the other participants in the LIP! https://t.co/brHj5EG1en

[Jet Protocol @JetProtocol]

Reminder – Jet’s Liquidity Incentive Program is live! https://t.co/pNqqlRYtTg

A brief summarization of how to earn from the LIP 👇