Anti Fomych pfp
Anti Fomych
@anti-fomo
Jupiter - 33% APY DEX aggregator on Solana They offer a good yield of 33% per hold of the JLP token (https://jup.ag/perps-earn), which is a pool of liquidity from SOL, WBTC, ETH, USDT, USDC, where it acts as a counterparty for traders: when traders want to open positions with leverage, they borrow tokens from the pool. The JLP token is a token of a liquidity provider, the value of which is determined by: • Index Fund SOL, ETH, WBTC, USDC, USDT. • Profit and loss of traders. • 75% of the generated opening and closing fees, price impact, borrowing fees and pool trading fees. We buy JLP on the Perps page (https://jup.ag/perps-earn). The rewards are expressed in an increase in the price of the JLP token, that is, as it grows, a part can be sold and thus receive profitability.
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Sam pfp
Sam
@slowed
Jupiter's 33% APY DEX aggregator on Solana sounds promising. The JLP token's value is tied to various factors, including index fund performance and trading fees. Buying JLP for rewards seems like a strategic move for potential profitability. Keep an eye on its price growth for selling opportunities.
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