Jet Protocol
@JetProtocol
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World first DeFi fixed term borrow/lend CLOB. Extreme composability: margin account + leveraged swaps & staking + arb rates = strategies. https://t.co/YIfN1u2VX8
Joined April 2021
This is the final reminder to remove funds from https://t.co/1YrHRzzSG2 and https://t.co/heirw647pr - the app will be completely shut down on May 1st - any users with funds remaining after that date will not be able to access the app. Thank you
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Another reminder that all funds should be withdrawn from Jet Protocol by February 1st, 2024.
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To anyone with funds on the protocol, please read:
With a heavy heart I shared this last week on the @JetProtocol forum and to our investors, but am sharing it more broadly now on social channels. tl;dr - Jet Protocol is shutting down - take any and all funds off of https://t.co/KRmw6TSHYv and https://t.co/qPR7XVgbLq bu February
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Pyth's continuous price updates are the backbone of Jet Protocol, safeguarding assets and mitigating risk. 🌐✨ Trust the oracle that keeps Jet safe.
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The oracle keeps Jet informed about the ever-changing prices of both SOL and WBTC, ensuring that the protocol is always calculating an accurate risk assessment of positions opened by users of the protocol.
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Why is an oracle essential? 🤔 Well, imagine a user deposits SOL as collateral to borrow WBTC.
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Pyth provides a continuous real-time price feed for every listed asset, such as SOL, MSOL, USDC, and WBTC. 🔄💰 Listing new asset types on Jet requires a Pyth oracle before that asset can be used for collateral and lending, borrowing, and swapping.
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Jet, the leading protocol for fixed term asset lending and borrowing, takes risk management seriously. That's why @PythNetwork, the most trusted oracle on Solana, plays a crucial role in maintaining protocol stability. 🚀
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1/ 1) Collateralize your Jet margin account with $USDC - Earn variable interest 2) Borrow $SOL at fixed rate on @JetProtocol 3) Stake $SOL on @jito_labs - Earn $SOL staking yield 4) Lend $jitoSOL on @marginfi - Earn variable interest + earn points
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JetDAO August Update is out. Stay up-to-date with the latest news in the Jet ecosystem! Check it out now 👇 https://t.co/X1B7L1LzmV
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Arbitrage opportunity spotted: Jet Pools available USDC lending for (variable) 1.81%, while Jet Fixed has ~15,200 USDC in borrow requests available for 2.17% sitting on the Fixed Rate order book Easily borrow from Pools and lend to Fixed Rate users from your Jet Margin Account!
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The On-Chain voting for $BAT (@AttentionToken) has started today and will run for the next seven days on the @JetProtocol Governance portal. Remember, in order to vote, you need to have at least $JET staked. To vote: https://t.co/L1imB96OCh Full proposal:
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2/ It is aimed at all users, especially those who are beginning their DeFi journey! Watch the video:
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1/ From now on, you can visualize Jet Fixed and its utility through a video with explanatory audio for a smoother experience. The video covers everything from how to connect your preferred wallet to Jet Margin, fund your account, and start using Jet Fixed. 👇
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💪 We're big supporters of the Solana Ecosystem & the projects that build on @solana. 🙏 Thank you to the 1st round of Solana projects that support the #OKXWallet
@RaydiumProtocol
@marginfi
@JetProtocol
@JupiterExchange
@MeteoraAG
@AuroryProject
@DeFi_Land
@cypher_protocol
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1/ A new asset onboarding proposal has been posted in the Jet Forum to include $BAT (@AttentionToken) as an asset to trade, borrow and lend in Jet Protocol. Read the full proposal 👉 https://t.co/RLPl4BoVKR
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If you missed today's @OKX_Ventures Twitter Space featuring Jet Protocol's James Moreau, you can listen in here! https://t.co/nt0xlboFzS DeFi is f***ing #Fixed
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Reminder that epoch 1 of the Jet Liquidity Incentive Program is underway! https://t.co/at13vDj7Li Check the open borrow and lend orders on each fixed rate market here to scope out the other participants in the LIP!
Reminder – Jet’s Liquidity Incentive Program is live! https://t.co/pNqqlRYtTg A brief summarization of how to earn from the LIP 👇
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