Jet Protocol will launch as an open source, non-custodial, borrowing and lending protocol on the Solana Blockchain (“the Protocol” and “Jet Protocol”).
The Protocol will allow users to deposit supported tokens to the Protocol. They will receive interest back to incentivize participation. Those deposits will sit in a pool that is also used for users looking to take out a loan in supported tokens. Because of this, individual users are not matched, and the Protocol can create rules to govern ratios, supported tokens, and a variety of other needs.
We believe that borrowing and lending protocols are necessary to any decentralized finance (“DeFi”) ecosystem. They have been largely successful to date. In developing Jet Protocol we paid close attention to prior efforts on other Blockchains, whether from our own experience or from projects we watched and used. The decision to build on Solana is largely based on Solana’s unmatched speed and lower fees. This will allow us to push the limits of on-chain decentralized finance lending. We anticipate broader interest in more efficient trading than other chains, with tighter collateral ratios (“cRatios”), enhanced oracle data, and more efficient centralized exchange like liquidations.
COPE is a project that has two phases.
Phase 1 of COPE involves seeking to ascertain and evaluate trader weaknesses and failings retrospectively based on trader calls made about crypto markets and provide reporting on this for self analysis.
Top Call Makers are evaluated based on their call accuracy which along with other parameters results in a COPE score given to them.
The top 100 Call Makers are embraced within a COPE index ranking them by their COPE score. Once a consistent list of the top 100 has been generated with the monthly 'reformation' kicking out, introducing new Top Call Makers into the index it provides a narrative for a new type of investment product based on top trader calls as measured using a reliable and accurate mechanism, which leads to phase 2.
COPE is a project that has two phases.