{"time":1709086689745,"blocks":[{"id":"54U22wyv_w","data":{"text":"How does Jupiter JLP work?","level":2},"type":"header"},{"id":"2vCvHAWctJ","data":{"text":"You provide liquidity in the index pool for traders to use and in return, you get the LP token = JLP"},"type":"paragraph"},{"id":"kcleT9Enl1","data":{"text":"JLP price goes up as more fees are accrued into the pool."},"type":"paragraph"},{"id":"Xfh-L564q5","data":{"text":"\nAs a JLP holder, you receive 70% of the fees generated by the trading exchange\n"},"type":"paragraph"},{"id":"BSIEKFqq34","data":{"text":" @AdrasteaFinance has created a product that allows JLP holders to leverage their LP tokens for a higher APY "},"type":"paragraph"},{"id":"quXManHFVw","data":{"text":"How does Adrastea work?","level":2},"type":"header"},{"id":"UIW_xYrSoX","data":{"text":"Adrastea team is developing two automatic complex yield strategies, while also making them accessible to everyone: "},"type":"paragraph"},{"id":"2YTTRIZGW7","data":{"text":"1. adrJLP"},"type":"paragraph"},{"id":"jGwFh5p4sT","data":{"text":"2. adrUSDC"},"type":"paragraph"},{"id":"LA55JSV69w","data":{"text":"✦ JLP Vault"},"type":"paragraph"},{"id":"Tc_8uqj38E","data":{"text":"Deposit JLP, get adrJLP, and earn a leveraged yield on your JLP."},"type":"paragraph"},{"id":"iGNQmEl7NO","data":{"text":"Or"},"type":"paragraph"},{"id":"5D_yptLkRp","data":{"text":"✦ USDC Vault"},"type":"paragraph"},{"id":"eS9D4szehR","data":{"text":"Deposit USDC, get adrUSDC, and earn a steady APY by lending your USDC to JLP leveraged pools."},"type":"paragraph"},{"id":"ozKxG4aSn_","data":{"text":"How do vaults work?\n","level":2},"type":"header"},{"id":"NigjDn7nr0","data":{"text":"\n✦ When you deposit your $JLP the JLP vault borrows USDC from the USDC vault (lenders) buys more JLP, and leverages your yield to earn up to 300% APY.\n"},"type":"paragraph"},{"id":"7bjyq6bs3Q","data":{"text":"\n✦ When you deposit USDC, the USDC vault lends your USDC and you can earn 30-80% APY "},"type":"paragraph"},{"id":"zI6jIw8TbX","data":{"file":{"url":"https://publisher-ap.s3.eu-central-1.amazonaws.com/next-s3-uploads/3a41c8e9-c5da-4026-a04f-eec565f0f6d8/GHVsgr8WsAAzi0b.jpg"},"caption":"","stretched":false,"withBorder":false,"withBackground":false},"type":"image"},{"id":"7UarIk-eK8","data":{"text":"Are there any risks?","level":2},"type":"header"},{"id":"1jCDL5Zf4d","data":{"text":"\n\nYes, however, @AdrasteaFinance came up with a solution:\n"},"type":"paragraph"},{"id":"L7YzRYLGXq","data":{"text":"\n✦ During high volatility, liquidity will be adjusted to maintain stability\n"},"type":"paragraph"},{"id":"EHQGmiRnEP","data":{"text":"\n✦ The yield curve is specifically built to ensure USDC borrowing yield never goes above the JLP yield. "},"type":"paragraph"},{"id":"dBDaHj4Eq9","data":{"file":{"url":"https://publisher-ap.s3.eu-central-1.amazonaws.com/next-s3-uploads/7e9939b7-c145-444c-aa75-a0f0f4bbc38c/GHVshP-WMAAh66J.jpg"},"caption":"","stretched":false,"withBorder":false,"withBackground":false},"type":"image"},{"id":"zsgKBY01iX","data":{"text":"Adrastea integration Beta is coming next month and the $ADRA token is rumored to drop in April."},"type":"paragraph"},{"id":"nDhkbd8XD1","data":{"text":"I suggest:"},"type":"paragraph"},{"id":"Zp5_EQ6Wgs","data":{"text":"✦ Try to get the WL role in their Discord."},"type":"paragraph"},{"id":"OfpdNBjond","data":{"text":"✦ Deposit in their vaults as soon as possible."},"type":"paragraph"},{"id":"o1MfRl1dbh","data":{"text":"Token Utility:"},"type":"paragraph"},{"id":"11wSJ_4Qkf","data":{"text":"✦ Governance token"},"type":"paragraph"},{"id":"OPyjcVUpEi","data":{"text":"✦ Revenue share "},"type":"paragraph"},{"id":"DqxKRmWrAb","data":{"text":"✦ Incentives for LPs."},"type":"paragraph"},{"id":"R4H2-vqg0F","data":{"text":"Last but not least:"},"type":"paragraph"},{"id":"ol4ZnfKlUL","data":{"text":"✦ The Adrastea team is renowned in the ecosystem as they have previously built:"},"type":"paragraph"},{"id":"Hba6oGAj5W","data":{"text":"@pawnshopgnomies"},"type":"paragraph"},{"id":"Ve9ZyZ80wW","data":{"text":"(The first NFT lending protocol on Solana was acquired by @banx_gg)"},"type":"paragraph"},{"id":"2IcDPpNvLI","data":{"text":"✦ They've raised $230k from top-tier Solana NFT DAOs and private angels"},"type":"paragraph"},{"id":"aE2JOVAhZ4","data":{},"type":"delimiter"},{"id":"2rTJT1vHWH","data":{"text":"Thank you so much for reading!"},"type":"paragraph"},{"id":"76VTLektVP","data":{"text":"Subscribe to read more content like this."},"type":"paragraph"}],"version":"2.26.5"}