Currently there’s no official staked JUP token. Rainfi have created a derivative called sJUP but it’s not official (as far as I know).
Could we get an officially supported staked JUP token?
That would mean we’d be able to do things like looping to increase our position.
But what would that mean to the underlying staked position? If I lend my staked JUP to someone does that give them the voting power or me?
Similarly if I borrow staked JUP do I get the voting power or does the lender retain it?
JLP is successful because it’s copied the very successful GLP model which has allowed many teams to build on top of it and share in the high yields it is able to generate.
Similarly staked JUP has some sort of access to significant revenue streams (though exactly those are is a topic for a separate discussion) so there’s a universally agreed value to these staked positions.
I’d love to hear other’s thoughts on how these very passive positions in JUP we all have could be made more productive