[Meaning of jupusd]

In other words, it has the effect of returning tens of millions of dollars in annual interest that were previously leaking to external companies back into the ecosystem. - So, while JLP is already recording high returns, it can also offer higher APR by returning the additional profits generated by operating jupusd. As a result, JLP is able to reduce transaction fees and trader losses.

Additionally, it can become a high-yield product, with the added benefit of operating income from the collateral asset itself. Furthermore, a higher APR can attract more liquidity providers, which can increase trading limits on the Jupiter Perp exchange, creating a virtuous cycle that increases overall trading volume.

- And Jupiter's big picture is the vertical integration of all DeFi infrastructure... x.com/i/status/200076692099660...… In a vertically integrated ecosystem, Jupusd will go beyond a simple means of payment and serve as the base currency connecting all Jupiter services. A portion of the protocol revenue generated from the issuance and operation of Jupusd will be distributed to JUP holders.

If distributed or used for buybacks, the fundamentals of the JUP token could be strengthened. - Conclusion Ultimately, this is a strategy aimed at profiting from the central bank's role, rather than relying on others to do good deeds.