The president of the Solana Foundation calls for Kamino and Jupiter to stop infighting and focus on expanding market share

The president of the Solana Foundation, Lily Liu, posted on social media, "Hey, Kamino and Jupiter. Overall, our lending market is about $5 billion. Ethereum is roughly 10 times that. The collateral market in traditional finance is countless times larger than both.

We can poke fun at each other (like 'one-click conversion of lending positions', making jokes out of others' offhand comments, etc.), or we can choose to focus our energy on capturing more market share from the entire crypto industry and ultimately moving towards traditional finance."

It is reported that Jupiter's Chief Operating Officer, Kash Dhanda, recently responded to community concerns, stating that the team's previous claim on social media that the Jupiter Lend treasury had "zero contagion risk" was inaccurate. Jupiter had earlier promoted its lending treasury as having a "risk-isolated" structure and claimed that there would be "no cross-contamination between trading pairs, thus eliminating any contagion risk." This content has since been removed.

Last week, the Solana lending platform Kamino banned the migration tool for Jupiter Lend due to concerns that the related risk model misled users, and its co-founder publicly criticized Jupiter's risk statements.