Key Takeaways
- Jupiter launches the Refinance function for seamless migration of lending and borrowing positions from different DeFi protocols.
- Customers can migrate lively positions with out slippage and maintain custody of their funds all through the method.
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Jupiter, a decentralized finance platform on Solana, right now launched its Refinance function that enables customers to seamlessly switch their borrowing and lending positions from different protocols on to Jupiter with improved phrases.
The brand new function permits customers emigrate lively positions with out slippage whereas providing higher charges and better loan-to-value ratios. All transactions are executed inside customers’ wallets, sustaining custody of funds all through the method.
Jupiter Lend’s Refinance at the moment helps a number of token pairs together with JLP/USDC, SOL/USDC, JupSOL/SOL, JitoSOL/SOL, mSOL/SOL, INF/SOL, and syrupUSDC/USDC. The platform plans to develop help for extra pairs and protocols. The function operates with out introducing further protocol charges through the migration course of.
