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The Composers: Episode #9 - Jet Protocol

Welcome to The Composers, Serum's new podcast series based on our weekly Twitter Spaces. Who is composing with Serum to deliver the next generation of decentralized finance (DeFi) services? Jet is a lending protocol built on the Solana blockchain with a focus on innovative lending products and cross-chain interest rate arbitrage. A Jet user can borrow against over-collateralized debt positions, and may incur debt up to governance mandated debt ratios. If the value of a user’s deposited collateral falls under the specified ratio, their position is able to be liquidated by external actors, such as traders or any users who can call the smart contract. In addition to lending, Jet will introduce interest rate product secondary markets on Serum and facilitate ongoing community-driven lending product R&D. If you enjoyed this video, follow Project Serum on YouTube for more! Timestamps 00:35 Introductions 01:11 What is Jet Protocol? 04:10 How did Jet Protocol begin? 07:55 Jet Protocol Experience 11:37 Transition to Build on Solana 17:09 How is Jet built? 19:40 Jet Protocol Roadmap 22:50 Governance 26:50 What is Jet Protocol most proud of? 30:24 Looking Ahead Learn more about Serum: https://linktr.ee/projectserum Learn more about Jet: https://www.jetprotocol.io/ Visit Project Serum: https://www.projectserum.com/ Follow Project Serum Twitter: https://twitter.com/ProjectSerum