Bittime - Jupiter, a decentralized currency exchange (DEX) on the Solana blockchain, is making waves due to its series of announcements. Launchpad platformJupiter is preparing to launch Sharky, an NFT lending protocol, on April 16.
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This news comes after a tweet from Jupiter's founder, known only as "meow", mentioned the potential launch of three "OG" (original) projects on the platform. Sharky is believed to be one of these highly anticipated projects.
The increasing popularity of NFT lending protocols reflects the growing demand for liquidity in the NFT space. The launch of Sharky has the potential to open up new avenues for NFT holders to leverage their assets and generate passive income.
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Details regarding the specific functionality and features offered by Sharky have not yet been revealed, but the upcoming launch is sure to pique the interest of NFT enthusiasts and DeFi (decentralized finance) users in general.
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Communities Empowered through LFG Voting
After the launch of Sharky on April 16, Jupiter will open the opportunity for the community to choose the next Launchpad project through community voting (LFG) on April 17.
This democratic approach empowers the Jupiter community to actively participate in shaping the future of the platform by selecting promising projects that have strong potential.
Specific details regarding LFG voting, such as proposed projects and voting mechanisms, are not yet available. However, this initiative underscores Jupiter's commitment to fostering a collaborative, community-driven ecosystem.
Metropolis Improvements Strengthen Functionality
Beyond Launchpad development, Jupiter has also begun the first phase of their “Metropolis” improvement initiative.
This comprehensive upgrade plan aims to address key functionality within the platform, specifically focusing on limit orders and perpetual orders.
The original text doesn't go into detail regarding the technicalities, but it suggests that the Metropolis upgrade includes short-term fixes to address immediate issues and long-term improvements designed to improve the overall user experience and system stability.
The exact nature of the improvements implemented in the first phase of the Metropolis upgrade remains unclear.
However, the focus on limit orders and perpetual orders shows that Jupiter prioritizes functionality that is important for advanced trading strategies.
This upgrade has the potential to attract more users, especially those looking for more advanced trading options within Solana's DeFi ecosystem.
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How to Buy Solana (SOL) on Bittime
You can buy and sell Solana (SOL) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Solana (SOL) is available on Bittime with the market pair SOL/IDR . To be able to buy SOL IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete guide on how to buy Solana (SOL) on Bittime .
Monitor price chart movements for Solana (SOL), Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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