Borrow USDC against your JLP.
Introducing: JLP Loans.
Access liquidity while still earning yields. Here's how it works đ§”...
JLP is a liquidity pool that powers Jupiter Perps and serves as a counterparty. When traders open leveraged positions, they borrow tokens from the pool.
JLP Loans puts unused USDC to work by giving borrowers access to liquidity, and a new sustainable yield stream for LPs.
How JLP Loans work:
âą Deposit JLP as collateral
âą Borrow USDC from the pool
âą Repay the USDC back to withdraw your JLP when youâre done
JLP Loans are overcollateralized with dynamic rates and safe liquidations at 86% LTV by whitelisted keepers.
JLP Loans is starting with a conservative approach:
âą Tight risk parameters
âą USDC-only borrowing
This is the first step in transforming JLP into a core yield engine for the ecosystem.
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