PANews reported on December 7th that Lily Liu, president of the Solana Foundation, posted on the X platform, urging lending protocols Kamino and Jupiter Lend within the ecosystem to stop attacking each other and focus on expanding the market. Liu stated that Solana's lending market is currently worth approximately $5 billion, ten times the size of Ethereum's market, and trillions of times larger than the traditional financial collateral market. Liu said, "We can attack each other (one-click lending position switching, taunting and using abusive language, etc.), or we can focus on taking market share from the entire crypto market and the TradFi market." Previously , Jupiter Exchange COO Kash Dhanda responded to community concerns about its lending product, Jupiter Lend, acknowledging that claims in previously deleted social media posts regarding the "zero risk of infection" in Jupiter Lend vaults were inaccurate. Solana lending platform Kamino blocked Jupiter Lend's migration tools due to concerns that Jupiter was misleading users about its risk model. Kamino's co-founder also criticized Jupiter's claims about vault segregation in a post on the X platform.PANews reported on December 7th that Lily Liu, president of the Solana Foundation, posted on the X platform, urging lending protocols Kamino and Jupiter Lend within the ecosystem to stop attacking each other and focus on expanding the market. Liu stated that Solana's lending market is currently worth approximately $5 billion, ten times the size of Ethereum's market, and trillions of times larger than the traditional financial collateral market. Liu said, "We can attack each other (one-click lending position switching, taunting and using abusive language, etc.), or we can focus on taking market share from the entire crypto market and the TradFi market." Previously , Jupiter Exchange COO Kash Dhanda responded to community concerns about its lending product, Jupiter Lend, acknowledging that claims in previously deleted social media posts regarding the "zero risk of infection" in Jupiter Lend vaults were inaccurate. Solana lending platform Kamino blocked Jupiter Lend's migration tools due to concerns that Jupiter was misleading users about its risk model. Kamino's co-founder also criticized Jupiter's claims about vault segregation in a post on the X platform.
The president of the Solana Foundation called for an end to the infighting among lending agreements and a focus on expanding the market.
PANews reported on December 7th that Lily Liu, president of the Solana Foundation, posted on the X platform, urging lending protocols Kamino and Jupiter Lend within the ecosystem to stop attacking each other and focus on expanding the market. Liu stated that Solana's lending market is currently worth approximately $5 billion, ten times the size of Ethereum's market, and trillions of times larger than the traditional financial collateral market. Liu said, "We can attack each other (one-click lending position switching, taunting and using abusive language, etc.), or we can focus on taking market share from the entire crypto market and the TradFi market."
Previously , Jupiter Exchange COO Kash Dhanda responded to community concerns about its lending product, Jupiter Lend, acknowledging that claims in previously deleted social media posts regarding the "zero risk of infection" in Jupiter Lend vaults were inaccurate. Solana lending platform Kamino blocked Jupiter Lend's migration tools due to concerns that Jupiter was misleading users about its risk model. Kamino's co-founder also criticized Jupiter's claims about vault segregation in a post on the X platform.
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