Jet Protocol allows for efficient borrowing and lending on the Solana chain.
What is Jet Protocol?
Jet Protocol leverages the speed of Solana to allow for efficient trading, tight collateral ratios, and dynamic pricing for its users. Their governance token (JET) ensures decentralized consensus and security. Features of the protocol include cross-chain modules for equalization of interest rates, leveraged borrowing automated position management, secondary markets for interest rate speculation, and liquidity provisioning for senior and junior debt positions.