Jet, the leading protocol for fixed term asset lending and borrowing, takes risk management seriously.

11 Aug 2023, 16:50
Jet, the leading protocol for fixed term asset lending and borrowing, takes risk management seriously. That's why @PythNetwork , the most trusted oracle on Solana, plays a crucial role in maintaining protocol stability. šŸš€

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Jet Protocol
Jet ProtocolJET #8758
Twitter
11 Aug 2023, 16:50
Pyth's continuous price updates are the backbone of Jet Protocol, safeguarding assets and mitigating risk. šŸŒāœØ Trust the oracle that keeps Jet safe.
Pyth's continuous price updates are the backbone of Jet Protocol, safeguarding assets and mitigating risk.
Pyth's continuous price updates are the backbone of Jet Protocol, safeguarding assets and mitigating risk. šŸŒāœØ Trust the oracle that keeps Jet safe.
Jet Protocol
Jet ProtocolJET #8758
Twitter
11 Aug 2023, 16:50
The oracle keeps Jet informed about the ever-changing prices of both SOL and WBTC, ensuring that the protocol is always calculating an accurate risk assessment of positions opened by users of the protocol.
The oracle keeps Jet informed about the ever-changing prices of both SOL and WBTC, ensuring that the protocol is always calculat
The oracle keeps Jet informed about the ever-changing prices of both SOL and WBTC, ensuring that the protocol is always calculating an accurate risk assessment of positions opened by users of the protocol.
Jet Protocol
Jet ProtocolJET #8758
Twitter
11 Aug 2023, 16:50
Why is an oracle essential? šŸ¤” Well, imagine a user deposits SOL as collateral to borrow WBTC.
Why is an oracle essential. Well, imagine a user deposits SOL as collateral to borrow WBTC.
Why is an oracle essential? šŸ¤” Well, imagine a user deposits SOL as collateral to borrow WBTC.
Jet Protocol
Jet ProtocolJET #8758
Twitter
11 Aug 2023, 16:50
Pyth provides a continuous real-time price feed for every listed asset, such as SOL, MSOL, USDC, and WBTC. šŸ”„šŸ’° Listing new asset types on Jet requires a Pyth oracle before that asset can be used for collateral and lending, borrowing, and swapping.
Pyth provides a continuous real-time price feed for every listed asset, such as SOL, MSOL, USDC, and WBTC.
Pyth provides a continuous real-time price feed for every listed asset, such as SOL, MSOL, USDC, and WBTC. šŸ”„šŸ’° Listing new asset types on Jet requires a Pyth oracle before that asset can be used for collateral and lending, borrowing, and swapping.