Tuesday, November 28, 2023

Crypto Lending Platform Jet, Based mostly on Solana $SOL Blockchain, Pivots to Fastened-Fee Time period Lending



Even with much less danger, Moreau mentioned, Jet’s mannequin faces some friction from large merchants like market makers who’ve grown used to the flexibleness of variable-rate merchandise, the place they will usually pull their cash at any time (assuming the utilization charge is not too excessive, in fact). With a fixed-rate product their crypto is locked for the size of the contract.

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