1’m bullish on $JUP ITER COMMUNITY!

Deep Dive
1. Jupiter Lend Launch (Bullish Impact)
Overview:
Jupiter Lend’s private beta (launched August 6) offers 95% loan-to-value ratios and 1% liquidation penalties, targeting Solana’s $12B DeFi TVL. Public release later in August will add Multiply vaults and partner incentives.
What this means:
High-LTV loans could attract capital from leveraged traders, boosting protocol fees (50% used for JUP buybacks). Success hinges on adoption – Kamino Finance dominates Solana lending with $2.67B TVL, but Jupiter’s aggregator dominance (80K+ daily swaps) gives it distribution leverage.
2. Token Unlocks and Inflation (Bearish Impact)
Overview:
1.28% of JUP supply ($32M) unlocked July 28, 2025, adding to circulating tokens. Active Staking Rewards (ASR) recycle 215M unclaimed airdrop tokens to voters instead of burning them.
What this means:
Unlocks historically pressure price (19% drop post-March 2025 unlock). ASR’s token recycling risks inflationary spiral – stakers must accumulate 50% more JUP just to offset dilution (community analysis).
3. Governance & Trust Dynamics (Mixed Impact)
Overview:
DAO voting paused until 2026 after contentious March 2025 proposal shifted team/community token split to 53/47. Financial transparency remains a concern despite $10M DAO treasury allocation.
What this means:
Centralization reduces governance-related sell pressure short-term but erodes holder trust (JUP dropped 75% Q1 2025 post-unlocks). Protocol revenue clarity could help – Jupiter generated $82.4M fees in Q2 2025, but unclear how much funds buybacks.
Conclusion
JUP’s trajectory balances Solana’s DeFi growth against inflationary tokenomics. Immediate upside depends on Jupiter Lend adoption countering unlock-driven selling, while long-term value requires addressing governance concerns and enhancing token utility (e.g., fee discounts).
Key question: Will Jupiter Lend’s public launch drive enough fee revenue to offset ASR dilution by Q4 2025?

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August 10, 2025 at 1:11 PM
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