Juice Finance (JUICE)

Lending and Borrowing

Juice Finance lets users borrow and lend using their crypto assets as collateral. It offers up to 3x leverage, meaning users can borrow up to three times the value of their collateral to increase their investment power.

Yield Farming and Rewards

Users can deposit borrowed funds into special vaults that connect with other DeFi protocols to earn yields, rewards, and points. This helps maximize returns without needing active management.

Cross-Margin DeFi Protocol

Juice Finance operates on the Blast Layer 2 network, allowing users to use a single collateral across multiple decentralized apps (DApps) in the Blast ecosystem. This makes managing assets more efficient and cost-effective.

Composable Leverage

The platform provides composable leverage, enabling users to optimize their DeFi activities by combining borrowing, lending, and farming strategies to maximize yield and rewards.

Ecosystem Integration

Juice Finance is designed to work seamlessly within the Blast ecosystem, supporting native tokens like ETH and USDB, and offering gas refund mechanics to reduce transaction costs.

Pros

• Juice Finance offers up to 300% leverage on USDB and ETH, helping users maximize their yield.
• It supports cross-margin lending, combining lending, borrowing, and yield farming in one platform.
• Built on the Blast Layer 2 network, it benefits from faster and cheaper transactions.
• Users can stake assets to earn passive income.
• The platform integrates with Blast’s rebasing tokens and has a gas return mechanism.
• Juice Finance tokens (JUICE) are tradable on multiple centralized and decentralized exchanges.
• It encourages user participation with points and rewards within the Blast ecosystem.

Cons

• The price of Juice Finance has shown significant volatility and recent declines.
• Market cap and trading volume are relatively low compared to larger cryptocurrencies.
• It is a newer project (launched in 2024), so it may have less adoption and liquidity.
• The token price has dropped substantially from its all-time high.
• Limited exchange support compared to more established tokens.
• The ecosystem and technology are still developing, which may affect stability and growth.

For more details, visit Juice Finance official site.

Founders of Juice Finance

Juice Finance was founded by Katherine Chan, who is the CEO. She leads the company in providing flexible, non-dilutive funding solutions for e-commerce and digital founders. The company was established in 2019 and focuses on empowering SME founders with capital and strategic guidance.

Investors in Juice Finance

Juice Finance has raised funding through 2 rounds, including a Seed round on March 19, 2024. There are 13 investors involved. Some of the known investors include Arthur Hayes, Iced Coffee, and Brent. The exact amounts raised and full list of investors are not publicly detailed.

For more information, you can visit their official site: juice.finance

Halal Status of Juice Finance

• Yes or No: No clear public information confirms that Juice Finance is halal.
• Reason: There is no official or widely recognized certification or statement regarding Juice Finance’s compliance with halal financial principles. It operates as a DeFi protocol with leverage and lending features, which may involve interest or speculative elements not aligned with halal finance.