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I had a big bag of JLP for some time now. It accrued 120% APY to 80% APY
The APY just flipped from 81% to 31% - a massive 50 percentage point haircut.
I decided to swap my JLP into SOL. My theory is SOL has more upside than JLP from here over the short to medium term.
I also bought more SOL with it. This may not be the bottom but it is a darn good price from what we have seen of late. I balance risk and reward.
I will use this SOL to flip into SOL ALTS when the time comes. Or back to JLP when the rate returns to 60-80%
Rate was 0.02155 SOL per JLP
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