Jet Protocol

Jet Protocol

Jet Protocol JET Rank #3814

How to Buy Jet Protocol (JET) Token - Project Explained, Price and Yields

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Jet Protocol will be launched as an open source, non-custodial lending and lending protocol on the Solana Blockchain ("the Protocol" and the "Jet Protocol"). The protocol will allow users to deposit tokens supported by the protocol. They will receive interest to encourage participation. Those deposits will remain in a pool that is also used for users who want to borrow supported tokens. For this reason, individual users are not paired, and the protocol can create rules to govern relationships, supported tokens, and a variety of other needs. We believe that lending and lending protocols are necessary for any decentralized finance ("DeFi") ecosystem. They have been extremely successful to date. In developing Jet Protocol, we have paid close attention to previous efforts on other Blockchains, both our own own experience or from projects we have seen and used. The decision to trust Solana was largely based on Solana's unmatched speed and lowest rates. This will allow us to overcome the limitations of chain decentralized financial lending. We anticipate a broader interest in trading more efficiently than other chains, with stricter collateral ratios ("cRatios"), improved Oracle data, and more efficient centralized exchanges, such as settlements.