Jupiter will launch the lending protocol Jupiter Lend on Solana.

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According to Mars Finance, on May 23, Jupiter announced the launch of the lending protocol Jupiter Lend at the Solana Accelerate conference, which will collaborate with the original Ethereum-based liquidity protocol Fluid for development. The protocol features a loan-to-value (LTV) ratio of 90% and a dynamic risk isolation mechanism, significantly higher than the industry average of 75%. The platform is expected to launch this summer and is currently open for a waitlist. Jupiter plans to initially launch the deposit protocol and vault protocol, and encourages developers to build extended functionalities based on its platform.

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