The Defiant explains Jupiter Lend mechanism: Lenders hold deposit receipts, borrowers have collateralized debt positions.
The Defiant published an article explaining the operational mechanism of Jupiter Lend, stating that lenders earning interest hold deposit receipts, while borrowing and leverage users hold collateral-backed debt positions. The article also mentioned that available cash and withdrawal rules will determine whether users can exit instantly.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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