I am so excited for the current Jupuary vote! Jupuary #2. I think it is perfect! When it passes, then we will be bullish! More bullish than before! It encourages stakers and rewards them. Excellent holding strategy! Safety! Side note: i think your RUclips channel is suppressed. Although the upside is that committed users can make comments and communicate with the team more easily without any spam or scammers. Thank you for the perfection in execution and evolution. Great team!
From my understanding the reason JLP makes money for JLP holders is bc the Jupiter perps fees are HIGH. If they weren't high, JLP's interest rate wouldn't be as high. Its a necessary mechanic. Ideally in the future Jupiter perps fees go down as they onboard more users, classic volume for high fees trade off
I am so excited for the current Jupuary vote! Jupuary #2. I think it is perfect! When it passes, then we will be bullish! More bullish than before! It encourages stakers and rewards them. Excellent holding strategy! Safety!
Side note: i think your RUclips channel is suppressed. Although the upside is that committed users can make comments and communicate with the team more easily without any spam or scammers. Thank you for the perfection in execution and evolution. Great team!
From my understanding the reason JLP makes money for JLP holders is bc the Jupiter perps fees are HIGH. If they weren't high, JLP's interest rate wouldn't be as high. Its a necessary mechanic. Ideally in the future Jupiter perps fees go down as they onboard more users, classic volume for high fees trade off
A love jupiter and perp trading but fees are really too high. Drift has lower fees so if you dont fix that people will start mainly using drift.
They are pushing people back to CEXs with this level of fees
Feedback noted and forwarded to team