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JLP: Insane Tech

Why Jupiter's perps LP token might be the best DeFi product right now.

·1 min read·19 views
JLP: Insane Tech

jlp is insane tech. please buy it.

it's jupiters perps product LP coin. its 100% backed with real assets

and its a basket of insane assets you already want - SOL, BTC, ETH, USDC

AND you get ~35% APY on top of holding this basket

and as far as i understand, little to none impermanent loss as the funds are used effectively for lending (so your exposure doesnt vary to the unfavorable side)

if ur cracked enough, combine this with a couple hedge positions (short sol or long btc) as well.

i ran the math, JLP outperforms BTC and SOL.

i think you should exploit this while the APY's are anything above 20%

gl

H

Hans

obsessed with tech

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