TLDR:
- Jupiter Lend private beta offers up to 95% loan-to-value borrowing for early testers.
- The platform introduces automated yield vaults to optimize lender returns with one click.
- Beta starts with six vaults and capped borrowing, expanding with audits and feedback.
- Public launch later this month adds incentives from 10+ partners and custom strategies.
Jupiter is moving fast. It’s private beta for Jupiter Lend is now live, giving early users a glimpse of what’s coming.
The team says it is building a money market that puts borrowers first and keeps lending simple. It is doing this with high loan-to-value options, minimal liquidation penalties, and an automated system for lenders.
Public launch is set for later this month with incentives from more than ten partners.
Jupiter Pushes Borrowing Forward
Jupiter Exchange confirmed that borrowers in the private beta can access up to 95% loan-to-value ratios. They can repay loans from any wallet through a single link.
Each loan carries isolated risk, keeping positions from affecting one another. For now, beta users face borrowing caps. The platform starts with a $1 million limit per vault as three audits remain underway.
We're one step closer to launching the most advanced money market on Solana with @0xFluid
Today, the Jupiter Lend Private Beta is live for those on the waitlist
Public Launch (with incentives from 10+ partners) drops later this month
But first, let's set expectations…
pic.twitter.com/LKLYyvJXs9
— Jupiter (
Lenders do not need to move funds around themselves. Jupiter says its one-click vaults automatically optimize annual yields.
In the beta phase, only simple Earn vaults are live. Users deposit funds, and the system allocates them for the best available return. Custom vaults and advanced strategies will roll out after public launch.
Testing in a Controlled Environment
Jupiter is not opening the gates all at once. The beta starts with six vaults and a small pool of assets. More assets and vaults will be added gradually.
By public launch later in August, the platform expects dozens of vaults to be available. Jupiter noted that slow growth is intentional to protect users while feedback is collected.
Jupiter Exchange called for real-world testing and direct input from its beta users. The team believes this feedback will shape the final product before it goes live to everyone.
The public launch is expected to expand lending options, introduce custom strategies, and add rewards from its partner network. For now, users on Solana are watching closely as one of the chain’s biggest lending experiments takes its first steps.
The post Jupiter Lend Private Beta Opens as Solana’s Lending Race Heats Up appeared first on Blockonomi.
Source: https://blockonomi.com/jupiter-lend-private-beta-opens-as-solanas-lending-race-heats-up/