On-chain lending service expansion: Jupiter Lend now supports liquidity staking tokens

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Jupiter Lend, a leading lending platform on Solana, has announced that it will now accept the newly issued liquid staking token “dfdvSOL” from DFDV (Solana Treasury Company DeFi Development) as collateral. According to Odaily, this development is expected to further expand the range of borrowing and lending services available.

Integration of Liquidity Staking and On-Chain Borrowing

Traditionally, staking SOL resulted in the loss of liquidity for a portion of the assets. However, with the ability to use dfdvSOL as collateral on Jupiter Lend, users can earn staking rewards while simultaneously borrowing on-chain assets. This mechanism allows SOL holders to implement more flexible asset management strategies.

Benefits for Users

With Jupiter Lend beginning to accept dfdvSOL as collateral, liquidity staking participants gain additional advantages. Users who already hold staking positions can now borrow directly on-chain without sacrificing their liquidity, enabling more自由 in DeFi activities. This enhancement of flexible lending and borrowing features is a significant step in increasing the competitiveness of lending platforms within the Solana ecosystem.

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