Jito Staked SOL price

Solana has recently begun to focus on the Chinese market, first deciding on the Chinese name Solara, then Lily went to Beijing and Shanghai to give speeches, and then took ecological projects such as Kamino all the way south to Hangzhou (No. 26) and Shenzhen (No. 28), and even heard that Sol was preparing to raise some funds in China. The Chinese market is indeed quite powerful, so SOL has been relatively strong recently, and many SOL holders have begun to consider whether to sell it or not. If you want to hold SOL for a long time, here is a coin-margined strategy for SOL on @kamino (12% + lossless). The normal staking APR of SOL is about 6.7%, which can be deposited into $PSOL (the staking SOL issued by Phantom is similar to JitoSOL and JupSOL). Next, thanks to a RWA stablecoin project on Solana called $CASH, which subsidizes both borrowing and Vault on Konino. This results in the fact that when you mortgage PSOL on Kamino to borrow CASH, you originally paid 4% interest, but instead subsidized 5.8%, causing you to borrow CASH and reverse the meter, and you can still get a net APR of 1.8%. Then put CASH into Kamino's Vault, which will take 12.2% of CASH and Kamino subsidies. If you borrow CASH at a 50% collateralization ratio, you will roughly double the interest on the SOL basis to 12%+. Of course, because after all, it involves borrowing, try to control the leverage, now the market liquidity is a bit thin, don't do too much, or use USDC to borrow, although USDC subsidies are less, but it's okay. This has the advantage of avoiding the risk of CASH itself being unpegged as much as possible, and it doesn't matter if CASH falls to 0.5, because CASH is all borrowed. Kamino itself, as the largest DeFi in SOL, has a status equivalent to AAVE on ETH, and the bargaining power of these project parties, such as CASH, is still very high, so it can have an APR. Good work, I hope to be more organized. 【Non-Financial Advice】