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According to Foresight News, the Solana on-chain lending protocol Loopscale has announced that Deposit-Backed Lending is officially live. Users can now use their Jupiter Lend borrowing positions as collateral to borrow on Loopscale.
Specific features include: depositing JUICED (Jupiter Lend JupUSD deposits) into Loopscale to earn leveraged lending returns; using JUICED and jlWSOL as collateral to borrow USDC, jupUSD, or SOL; lending jupUSD.