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Jupiter launches native staked $SOL as collateral
#Jupiter has introduced native staking as collateral on #JupiterLend, enabling users to borrow against staked $SOL without converting to liquid staking tokens. The feature brings over $30B in natively staked $SOL into #DeFi , enabling validator-staked $SOL to access lending markets without first converting to liquid staking tokens like jitoSOL.
Users can borrow up to 87% of their staked value, with liquidations at 88%, while staking rewards continue to compound. At launch, six validators are supported: Jupiter, #Helius , #Nansen , #Blueshift , #Kiln, and #Temporal, each with its own vault: nsJUPITER, nsHELIUS, nsNANSEN, nsSHIFT, nsKILN, and nsTEMPORAL.
👉 x.com/JupiterExchange/status/2023471132939350071
#Jupiter has introduced native staking as collateral on #JupiterLend, enabling users to borrow against staked $SOL without converting to liquid staking tokens. The feature brings over $30B in natively staked $SOL into #DeFi , enabling validator-staked $SOL to access lending markets without first converting to liquid staking tokens like jitoSOL.
Users can borrow up to 87% of their staked value, with liquidations at 88%, while staking rewards continue to compound. At launch, six validators are supported: Jupiter, #Helius , #Nansen , #Blueshift , #Kiln, and #Temporal, each with its own vault: nsJUPITER, nsHELIUS, nsNANSEN, nsSHIFT, nsKILN, and nsTEMPORAL.
👉 x.com/JupiterExchange/status/2023471132939350071
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