Jupiter Lend’s SPYx vault now has an ~89% lower borrow rate than other lending platforms.
Elsewhere you’d borrow against your SPYx at ~4%.
But on Lend, it currently costs just 0.4%.
The best place to tap into your xStocks liquidity, while you earn xPoints.
JUICED is the token you receive from depositing JupUSD into Jupiter Lend.
It earns from 3 sources of yield:
1. Lending Interest
2. Platform Incentives
3. T-bill yield
Like an LST, it grows in value over time.
And because earn vaults are integrated into Jupiter’s routing, you can directly swap to JUICED.
Currently you can earn 5.28% APY by holding it, or up to 14% APY by multiplying it via one of the JUICED loops.
jupiter is generating $280m annualized revenue at a $590m market cap. that's a 2x price-to-sales ratio. robinhood trades at 7x. coinbase at 10x+. they shipped 15 product verticals in 12 months, grew tokenized equity volume from zero to $24m/month, hit $1.7b in lending TVL 8 days after launch, and just hired KKR's digital assets lead as president. zero VC funding. zero token emissions. $404m in bootstrapped protocol revenue. the market is pricing JUP like a ghost chain and it's the highest revenue protocol on solana. stop trading start believing
Today we’re bringing forward an important proposal to effectively bring net emissions to zero for the foreseeable future.
This involves:
1. Pausing emissions from the Team Reserve indefinitely
2. Absorbing any team sales of vesting tokens in the Jupiter treasury
3. Postponing Jupuary indefinitely
4. Accelerating and offsetting Mercurial vesting
The decision lies with the DAO. Full calendar of events below