Jupiter will invest 580 million dollars SOL into the JLP Fund Pool

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Jupiter has just announced plans to stake up to 580 million SOL in the JLP fund, leveraging Solana's native staking mechanism to optimize profits. This move aims to increase rewards for JLP investors and impact the operations of validation nodes, thereby affecting liquidity as well as the Solana market.

According to official documents, the JLP pool will implement staking of unused SOL to distribute rewards, maximize capital efficiency, and provide additional profits for investors. Jupiter expects this plan to not only enhance yields for JLP holders but also to drive stronger participation from validators.

However, the market reaction remains quite subdued, with no official comments from KOLs or regulatory agencies. The value of the JLP fund is still being supported by this large-scale staking strategy.

JUP2.85%
LA0.66%
SOL1.81%
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