here’s a proper breakdown🙂 1) juplend is actually 1.9% > lending APY for sol = + 5.8% > borrow APY for USDC = -3.9% net APY = 1.9% (see screenshot below) 2) naira inflation is not enough reason to charge that high interest rate: > users can lend sol and borrow usdc > then
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here’s a proper breakdown🙂 1) juplend is actually 1.9% > lending APY for sol = + 5.8% > borrow APY for USDC = -3.9% net APY = 1.9% (see screenshot below) 2) naira inflation is not enough reason to charge that high interest rate: > users can lend sol and borrow usdc > then