Key Takeaways
- Jupiter launches the Refinance function for seamless migration of lending and borrowing positions from different DeFi protocols.
- Customers can migrate energetic positions with out slippage and hold custody of their funds all through the method.
Share this text
Jupiter, a decentralized finance platform on Solana, in the present day launched its Refinance function that permits customers to seamlessly switch their borrowing and lending positions from different protocols on to Jupiter with improved phrases.
The brand new function allows customers emigrate energetic 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 presently 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 broaden help for added pairs and protocols. The function operates with out introducing extra protocol charges throughout the migration course of.
