Lulo

Stablecoin yield that lets you sleep at night.

[Lulo @uselulo]

Lulo x @JupiterExchange

JupUSD is now live on Lulo Protected and Direct.

For the first time, JupUSD holders can access protected savings and higher-yield strategies directly in JupUSD.

Put your JupUSD to work: https://t.co/WgHX0xW0Gk

[Lulo @uselulo]

We want to share an update on Boosted deposits:

Boost deposits will see a ~6.4% drawdown. This is due to Lulo's exposure to Neutrl Finance on Ethereum, a synthetic dollar protocol used in Boost’s yield strategy. The impact is isolated to Boost, which by design underwrites risk for Protected depositors. Protected capital is unaffected.

Neutrl lost money on positions in its strategy, impairing its reserve liquidity. It has since opened redemptions at ~51 cents per NUSD, so holders recover roughly half. This was not a hack or smart contract exploit.

We know this may be the first you’re hearing of Neutrl. We’re committed to transparency about Boost’s yield sources and how they hold up under stress. We’ll share more as this develops.

[Lulo @uselulo]

@Smoltingfan @digiii @backyard_fi @hylo_so @perena @Ondo @humafinance @otus_finance @cesto_co If you have an issue open a ticket on Discord and we're happy to help

[Solana Downunder @SolanaANZ]

LULO: The DeFi Savings Account That Survived the Drift Hack https://t.co/fMbz3YubzT

[Lulo @uselulo]

.@Loopscale is now live on Lulo.
Great yields, fixed rates, made easy.

[Lulo @uselulo]

We love rates!

[Lulo @uselulo]

USDC and JupUSD rates this morning:

[Gami Capital @Gami_Capital]

Great to see this one come together.
@uselulo x @JupiterExchange : two teams that ship.

Strong for the Solana ecosystem

[Lulo @uselulo]

@Sinikas_ @solana onwards

[Jupiter @JupiterExchange]

One token, across DeFi.

JupUSD is now live on Lulo Protected and Direct.

[Lulo @uselulo]

@JupiterExchange No one on CT can read anyway

[Lulo @uselulo]

@JupiterExchange

[Lulo @uselulo]

Lulo x @JupiterExchange

JupUSD is now live on Lulo Protected and Direct.

For the first time, JupUSD holders can access protected savings and higher-yield strategies directly in JupUSD.

Put your JupUSD to work: https://t.co/WgHX0xW0Gk

[Lulo @uselulo]

@martinvmorales @kashdhanda @JupiterExchange Never left. We've been compounding non-stop

[Lulo @uselulo]

@derparsel @JupiterExchange

[Lulo @uselulo]

@TheJoker_GDM @DriftProtocol Feel free to open a ticket in Discord, you may be connecting the wrong wallet.

Any wallet affected by the Drift hack will see their claim in the app directly.

[Lulo @uselulo]

@DonkoRoman @DriftProtocol The app will show your allocation directly! You will be able to claim there as well

[Lulo @uselulo]

@PauChan23 @evgenidefi sounds like a chad

[Lulo @uselulo]

@leafleen @nicechute ty @leafleen