
Jakarta, Pintu News â Jupiter has officially launched the private beta of Jupiter Lend, the much-anticipated decentralized lending platform on the Solana network. This initial version can only be accessed by users on the waiting list, with limited features and a safety-first approach.
With a Loan-to-Value (LTV) of up to 95%, a near-zero liquidation penalty, and one-click vaults, Jupiter targets a user-friendly experience for both borrowers and lenders-while the public launch is scheduled for late August.
Borrowers in Jupiter Lendâs private beta can borrow up to 95% of collateral value (LTV), well above the industry average of 75%. This allows for more efficient capital utilization-a strong draw in the DeFi and cryptocurrency ecosystems.
Liquidation penalties are also very minimal. The system only releases a fraction of the assets needed to restore safety, with a penalty of only 1%, and the risk of each vault is isolated to minimize the domino effect in the event of liquidation. This approach adds a layer of security, especially in the high volatility of the crypto market.
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Another standout feature is the flexibility of repayment. Borrowers can repay the loan from any wallet using a simple link, without the need to return to the wallet from which the loan originated. This eliminates operational burden and speeds up the repayment process.
Meanwhile, lenders are treated to a simple interface: simply deposit into âEarn vaultsâ and the system automatically allocates funds forauto-optimized yield. This approach is suitable for crypto users who crave yield without the hassle of managing and comparing rates manually.
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The private beta stage is limited to six vaults, each with a borrowing limit of US$1 million-about Rp16.3 billion (exchange rate US$1 = Rp16,319)-to maintain the platformâs initial stability. One audit has already been completed, and three others are still ongoing.
This phased rollout strategy aims to gain feedback from early adopters while ensuring there are no security holes before widespread publication. The public launch is scheduled for late August, with additional features such as Multiply vaults, broader asset support, and incentives from more than 10 ecosystem partners.
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