For lending protocols, the liquidation engine really matters.
The terms they offer to borrowers can only be as good as the efficiency of their risk management system.
Thatโs why most lending protocols are forced to offer conservative parameters, like lower LTVs and higher liquidation penalties โ just to provide adequate safety buffers.
@jup_lend's unique tick-based architecture groups positions with similar risk together, allowing them to be liquidated in a single transaction.
The efficiency of this model means Lend can offer borrowers higher LTVs, higher liquidation thresholds, and lower liquidation penalties.
And in practice, it works: There has been $0 of bad debt on the protocol to date.
Better for borrowers, simpler for lenders. Just Use Jupiter (Lend).