Today @JupiterExchange launched its Public Beta Live for the normal users ๐
But I am Still Disssapointed In this. Let me tell you Why !! โน๏ธ
As a $JUP Holder I believe the team should not only focus on shipping new products ( which is great ) but also try incorporating $JUP into it and increase the use of $JUP utilities. โน๏ธ
Jup Lend is a lending product and guess what !! We don't even have $JUP in it. This is personally disappointing. โน๏ธ
โ As a $JUP Believer I want to give some recommendations to the team @kashdhanda & @weremeow ( Hope you are watching ๐ฅฒ )
๐ To be honest I feel Jupiter team is not focusing much on the $JUP integrations. Atleast please do add $JUP lending and borrowing. After all JupLend is a JUPITER ecosystem product and apart from STABLES $JUP is the 1st thing that should be there in Jupiter Lend so that the Jup bilievers would get another additional utility and also use Jup lending and borrowing and getting some additional yield.
๐ช JupLend is currently giving some good Yields
๐ต USDC โ 12.57% APY
๐ต SOL โ 0.79% APY
๐ต USDT โ 13.27% APY
๐ต EURC โ 18% APY
๐ต USDG โ 17.43% APY
๐ต USDS โ 18.63% APY
but i would love to see Getting JUP in here too. ๐ฅบ
โ ๐ The other thing that the team should really focus on is to integrate some sort of benifits to JUP stakers ( if possible)
๐ Users that staked ____ Amount of $ JUP and while using JUP Lend would get a small percentage of additional APY in $JUP mayeb 0.1 - 0.2 % ??
Adding Utilities to $JUP would be the best thing you could ship to be honest Because you guys are amazing and building great products and that's the exact reason i bought JUP to be an investor / shareholder of Jupiter and you just need a little more efforts to integrate $JUP into the new products. This will not only make the products properly aligned but also increase investor confidence.
Hope the team takes the feedbacks positively. I have no intentions to criticize or demean the product but just some constructive criticism to make it better as an $JUP Holder.
Let me know your thoughts below ๐
@ChittiDinesh@sssionggg This, been saying this for months, the ecosystem is great but we really need utility for $JUP, more people are unstaking each day, and no utility for the token yet.
@lochiejarvis201 @0xSnows Nobody complains about the products. They continue to deliver and be the best in Solana, the only and main problem is that they donโt give more value and utility to $JUP itself, besides ASR with returns that are diminishing. They have to do smth to make people want to stake more
@cloudz They should focus on giving real value to the token, the product itself its already great but what we need rn aint no wgs but something to push the price higher. People are starting to lose faith in you.
@jup_dao@WalletConnect Finally got rewarded for not missing a single vote! Do we know how much allocation and to how many wallets and if it will be the same tokens for everyone that has the 25 votes or depends also on the amount staked?
@Darkfost_Coc@PatrickHay52093 Completely agree, canโt deny that Jupiter is getting better each day, the thing is that the rewards for the stakers arenโt. In fact they are decreasing. Its key to change or add new rewards for stakers or ways to give value to the token
@PatrickHay52093 All the updates an improvements, however, there havenโt been any changes to ASR or anything that improves the value of $JUP besides buybacks. If you only focus on growing the pie, and not caring in the people that we truly trust jup since day one, you might end up losing them.
@PatrickHay52093 Been a staker since AirDrop 1, havenโt missed a single vote. In my opiniรณn they should stop with this votes and budgets, its important to keep the investors/stakers. Looks like they are giving 0 effort to maintain us stakers happy, yes they are improving the product with +