PANews reported on December 7 that, according to The Block, Jupiter Exchange COO Kash Dhanda recently responded to community concerns about its lending product, Jupiter Lend, acknowledging that claims in previously deleted social media posts regarding the "zero contagion risk" of Jupiter Lend vaults were inaccurate. Jupiter had previously promoted Jupiter Lend's vaults as having "isolation risks," with one post claiming that isolated vaults "mean that there is no cross-contamination between trading pairs, thus eliminating any risk of infection." After sparking controversy, the Jupiter team deleted the post containing the latter statement. Dhanda stated in a video posted on the X platform, "These vaults are indeed isolated." However, he also acknowledged that Jupiter Lend used recollateralized assets. Last week, Solana lending platform Kamino blocked Jupiter Lend's migration tool due to concerns that Jupiter was misleading users about its risk model. Kamino's co-founder also criticized Jupiter's claims of vault segregation in a post on the X platform.PANews reported on December 7 that, according to The Block, Jupiter Exchange COO Kash Dhanda recently responded to community concerns about its lending product, Jupiter Lend, acknowledging that claims in previously deleted social media posts regarding the "zero contagion risk" of Jupiter Lend vaults were inaccurate. Jupiter had previously promoted Jupiter Lend's vaults as having "isolation risks," with one post claiming that isolated vaults "mean that there is no cross-contamination between trading pairs, thus eliminating any risk of infection." After sparking controversy, the Jupiter team deleted the post containing the latter statement. Dhanda stated in a video posted on the X platform, "These vaults are indeed isolated." However, he also acknowledged that Jupiter Lend used recollateralized assets. Last week, Solana lending platform Kamino blocked Jupiter Lend's migration tool due to concerns that Jupiter was misleading users about its risk model. Kamino's co-founder also criticized Jupiter's claims of vault segregation in a post on the X platform.
Jupiter's Chief Operating Officer admitted that its lending product, Jupiter Lend, falsely claimed to have "zero risk of infection."
PANews reported on December 7 that, according to The Block, Jupiter Exchange COO Kash Dhanda recently responded to community concerns about its lending product, Jupiter Lend, acknowledging that claims in previously deleted social media posts regarding the "zero contagion risk" of Jupiter Lend vaults were inaccurate.
Jupiter had previously promoted Jupiter Lend's vaults as having "isolation risks," with one post claiming that isolated vaults "mean that there is no cross-contamination between trading pairs, thus eliminating any risk of infection." After sparking controversy, the Jupiter team deleted the post containing the latter statement. Dhanda stated in a video posted on the X platform, "These vaults are indeed isolated." However, he also acknowledged that Jupiter Lend used recollateralized assets.
Last week, Solana lending platform Kamino blocked Jupiter Lend's migration tool due to concerns that Jupiter was misleading users about its risk model. Kamino's co-founder also criticized Jupiter's claims of vault segregation in a post on the X platform.
Market Opportunity
Blockstreet Price(BLOCK)
$0.007445
$0.007445$0.007445
USD
Blockstreet (BLOCK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Jump’s Firedancer Team Proposes Removing Solana Block Limit After Alpenglow Upgrade
PANews reported on September 29th that according to The Block, Jump Crypto's Firedancer team is building a high-performance client for Solana. Their SIMD-0370 proposal proposes removing the current fixed limit of 60 million CUs per block (a previous proposal had raised this limit to 100 million) after Solana's major Alpenglow upgrade, scheduled for testing later this year. Without a fixed limit, block size would adjust based on the transaction volume accommodated by high-performance validators, while weaker validators would automatically abstain from voting on oversized blocks by skipping the voting mechanism. The proposal argues that removing the limit would encourage well-funded block producers to upgrade their hardware and add more transactions to increase revenue, incentivizing others to follow suit, creating a "flywheel effect" and increasing the average capacity of validator clients. Roger Wattenhofer, head of research at Anza and a driving force behind Solana's Alpenglow upgrade, supports removing the limit but also expresses concerns about potential centralization and network stability risks. He stated that these issues are solvable and that he has been a staunch supporter of removing the limit.
Share
PANews2025/09/29 07:16
b1BANK Partners With Covecta to Deploy Agentic AI
b1BANK and Covecta announced a strategic partnership to deploy agentic AI across the bank’s day to day workflows The post b1BANK Partners With Covecta to Deploy
Share
ffnews2026/02/18 08:00
![[Rear View] It’s Sara’s power move. Can the opposition beat her in 2028?](https://www.rappler.com/tachyon/2026/02/sara-duterte-announces-presidential-bid-2028.jpg?resize=75%2C75&crop=427px%2C0px%2C853px%2C853px)
[Rear View] It’s Sara’s power move. Can the opposition beat her in 2028?
VEEP. Vice President Sara Duterte announces her presidential bid in 2028 on February 18, 2026.
Share
Rappler2026/02/18 17:08