Some interesting stuff happening with @0xfluid now: • Jupiter Lend on Solana has teamed up with Fluid, pulling in $1.2B in TVL in just 21 days. You can now use $JUP as collateral to borrow USDC. • There’s going to be tons of money flowing into Solana due to DATs. So I think Fluid’s in a strong position to benefit with Jup Lend. • Fluid’s revenue is on track to overtake incentives. Buybacks are starting October 1st. All mainnet revenue for the first month is going towards buybacks. This is ~$1.3-$1.5m of buying pressure. There are plans for Jupiter Lend and L2 revenue streams to be added to the buy back program. • Fluid just ranked #1 among lending DAOs for 30-day active loan growth (+48%). • #1 in stablecoin swaps • Wall Street is wrapping tokens like $FLUID into DATs (stock-like products) so traditional investors can get exposure. • DEX Volume is ~$700m per day. Dex v2 launches next month • They’re planning to launch on Plasma. Remember, Plasma is an L1 build for stablecoin...
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