Jet Protocol
About Jet Protocol
Jet Protocol is a decentralized and permissionless borrowing and lending protocol built on the Solana blockchain.
Socials
  • Total Supply
    1,700,000,000

  • FDV
    68,000,000 USDT

Status
IDO
Past
Ended 2021-10-13
Tokenomics
Created with Highcharts 11.4.1
  • Discretionary fund: 18.29%
  • Ecosystem Fund: 25.47%
  • Follow-on Round: 10%
  • Team & Advisors: 25%
  • Liquidity: 6%
  • Public Sale (IEO): 0.24%
  • Seed Round: 15%
About Jet Protocol

Jet Protocol is an open source, non-custodial, borrowing and lending protocol on the Solana blockchain. The Jet Protocol allows users to deposit supported tokens to receive interests back to incentivize participation. The deposits exists in a pool that serves to users looking to take out a loan in supported tokens. A Jet user can borrow against over-collateralized debt positions and may incur debt up to governance mandated debt ratios.

JET Token is a utility token having SPL standard (Solana blockchain) which provides the two following primary use cases:

Governance voting rights to change and upgrade Jet Protocol;Tiered usage benefits of Jet Protocol earned by locking up JET.

Funding rounds and IDO
IEO
Past
13.10.2021 - 13.10.2021
Raised
$16K
Price:
$0.04
Tokens For Sale:
400,000
Platform:
bitmax
Lock-up:
IEO
Past
13.10.2021 - 13.10.2021
Raised
$144K
Price:
$0.04
Tokens For Sale:
3,600,000
Platform:
bitmax
Lock-up:

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