⚠️ Disclaimer: Nothing in this article is financial advice (NFA). All content on powerful.ng is strictly for educational purposes. DeFi protocols carry smart contract , market , and liquidation risks . Jupiter Lend is a non-custodial decentralized finance protocol on Solana, developed alongside the Fluid team to provide money market services across the ecosystem. Within the platform, the Earn feature allows users to supply single-asset tokens—such as SOL, USDC, or USDT—into lending pools to generate passive yield. If you are evaluating yields on Solana, here is a breakdown of how Supply APY works under the hood on Jupiter Lend. How Yield Is Generated: JL Tokens When you supply tokens into a Jupiter Lend pool, your assets are made available for other users to borrow. Borrowers pay interest on their loans, and this interest is distributed proportionally to lenders In exchange for your deposit, Jupiter Lend issues a tokenized receipt called a JL Token (such as `JL-USDC` or `JL-SOL`) to ...
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