PANews reported on May 23 that Jupiter announced the launch of Jupiter Lend, a lending protocol, at the Solana Accelerate conference, which will collaborate with Fluid, the original liquidity protocol based on Ethereum. The protocol features a 90% loan-to-value (LTV) ratio and a dynamic risk isolation mechanism, significantly higher than the industry average of 75%. The platform is expected to go live this summer and is currently accepting a waitlist. Jupiter plans to first launch deposit and vault protocols and encourages developers to build extended functions on its platform.
