marginfi

marginfi is one of Solana's largest lending protocols with over $400 million in deposits. The platform offers lending, borrowing, and leveraged staking strategies using JitoSOL as collateral.

JitoSOL Integration

marginfi supports JitoSOL with competitive loan-to-value ratios and yield opportunities.

Core Strategies

Basic Lending

1. Deposit JitoSOL to earn interest + points
2. Maintain liquidity while earning staking rewards
3. Borrow assets against JitoSOL collateral (up to 77% LTV)

Leveraged Staking (Advanced)

The Loop Strategy:

1. Deposit JitoSOL as collateral
2. Borrow SOL against JitoSOL value
3. Convert borrowed SOL to more JitoSOL
4. Repeat process to amplify exposure

Example:

• Start with 100 JitoSOL
• Borrow 70 SOL (70% LTV)
• Convert to ~57 more JitoSOL
• Total position: ~157 JitoSOL
• Amplified yield: Earn on 157 JitoSOL instead of 100
• Cost: SOL borrowing rate (~7.7%)

Getting Started

1. Visit https://app.marginfi.com/
2. Connect your Solana wallet
3. Deposit JitoSOL to start earning
4. Monitor position health (keep above 25% to avoid liquidation)
5. Optimize strategy based on borrowing costs vs. staking yields

Safety Tips

• Start small with test amounts
• Monitor rates - SOL borrow rates change based on utilization
• Maintain health ratio well above liquidation threshold
• Be aware during high volatility periods

Resources

• Platform: https://app.marginfi.com/
• Documentation: https://docs.marginfi.com/

Risk Warning: Leveraged strategies can result in liquidation and loss of funds. Interest rates fluctuate based on market conditions.