Jet Launches Fixed-Rate Crypto Term Lending on Solana

06/23 00:55

June 23 (Huobi) - Solana-based crypto lending platform Jet is relaunching with a fixed-rate lending model, departing from the variable rate products offered by most crypto rivals. Jet's new order book design allows borrowers and lenders to set their own terms, including interest rates and payback timelines, with rates determined by a market-based mechanism. Founder James Moreau emphasizes that the interest rates are not artificially derived, but instead entirely market-based.
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