
Jupiter Earn to wind down JUICED Loop strategy by end of September
- —The wind-down began on September 3 with borrowing limits restricted for JUICED collateral
- —JUICED Loop incentives were canceled the following week, reducing the strategy's yield
- —A fee magnifier will be introduced for open positions in the final week of September
- —Base JupUSD vaults and the JUICED token continue to operate unchanged
Why it matters: Closing the leveraged strategy reduces yield and liquidity in the Jupiter ecosystem, but the base product remains.
Source: Crypto Briefing