I have dipped my resources into Jupiter, a DeFi aggregator on the Solana blockchain, exploring lending and borrowing. My primary position uses JLP as collateral and borrows USDC, offering an attractive APY with a multiplier that amplifies gains. However, the risk of liquidation in the face of declines in JLP's value keeps me vigilant, requiring constant adjustments.
Recently, I diversified by moving part of my assets to USDC in lending, choosing a more stable APY. Solana, with its fast transactions and low fees, powers this strategy, ideal for dynamic DeFi. My approach combines the rapid growth potential of JLP with the safety of USDC lending, adjusting my exposure to mitigate risks. Active monitoring and timely decisions are key to balancing profitability and peace of mind in this ecosystem.$SOL (+0,14%)
$USDC (+0,03%)
$JLP (-0,38%)
#crypto
#lending #borrow