Jet Protocol
About Jet Protocol
Jet is a decentralized borrowing and lending protocol designed for speed, power, and scalability on Solana, utilizing the best crypto tools available. We aim to revolutionize the DeFi space by providing cutting-edge features and functionality. Our protocol's native token incorporates innovative governance models derived from successful protocols, with a strong emphasis on community ownership and engagement.
Our governance-first approach centers around the creation of an inclusive community dedicated to researching, designing, and implementing useful lending products. Through Jet, users can borrow against over-collateralized debt positions, allowing them to leverage their assets effectively. However, it's important to note that debt incurred by users must adhere to governance mandated debt ratios.
To ensure the integrity of the system, if the value of a user's deposited collateral falls below the specified ratio, external actors such as traders or any users with the ability to call the smart contract can liquidate the position. This mechanism promotes a secure and stable lending environment.
In addition to lending services, Jet will introduce interest rate product secondary markets on Serum. This will provide users with opportunities to trade and invest in interest rate products, further expanding the range of possibilities within our ecosystem. Moreover, we are committed to ongoing community-driven research and development of lending products, relying on the expertise of crypto trading experts and the best crypto research tools available.
With Jet, you can experience the benefits of decentralized borrowing and lending, supported by the best crypto trading tools, advanced charting tools for crypto analysis, and comprehensive crypto investigation and monitoring tools. We believe that by combining superior technology with community engagement, we can propel the DeFi revolution to new heights.
Our governance-first approach centers around the creation of an inclusive community dedicated to researching, designing, and implementing useful lending products. Through Jet, users can borrow against over-collateralized debt positions, allowing them to leverage their assets effectively. However, it's important to note that debt incurred by users must adhere to governance mandated debt ratios.
To ensure the integrity of the system, if the value of a user's deposited collateral falls below the specified ratio, external actors such as traders or any users with the ability to call the smart contract can liquidate the position. This mechanism promotes a secure and stable lending environment.
In addition to lending services, Jet will introduce interest rate product secondary markets on Serum. This will provide users with opportunities to trade and invest in interest rate products, further expanding the range of possibilities within our ecosystem. Moreover, we are committed to ongoing community-driven research and development of lending products, relying on the expertise of crypto trading experts and the best crypto research tools available.
With Jet, you can experience the benefits of decentralized borrowing and lending, supported by the best crypto trading tools, advanced charting tools for crypto analysis, and comprehensive crypto investigation and monitoring tools. We believe that by combining superior technology with community engagement, we can propel the DeFi revolution to new heights.
