Crypto Lending Platform Jet, Based on Solana $SOL Blockchain, Pivots to Fixed-Rate Term Lending

Blockonomics
Crypto Lending Platform Jet, Based on Solana $SOL Blockchain, Pivots to Fixed-Rate Term Lending
Minersgarden

[ad_1]

Even with less risk, Moreau said, Jet’s model faces some friction from big traders like market makers who have grown used to the flexibility of variable-rate products, where they can often pull their money at any time (assuming the utilization rate isn’t too high, of course). With a fixed-rate product their crypto is locked for the length of the contract.

[ad_2]

Source link

Blockcard