Jupiter Lend, a Lending Protocol, to Launch in Phases with Private Testing Set to Begin

On August 6, Jupiter announced that its lending protocol, Jupiter Lend, will be launched in phases, starting today with a private beta available to those on the waitlist. The official public launch, scheduled for later in August, will offer a loan-to-value (LTV) ratio of up to 95%, near-zero liquidation penalties, multiple vaults (multiply vaults), and annual percentage yields (APY).