This post is very timely for me ! I need to look into your earlier post on Jupiter Lend multiply because I don't understand it at all. It's probably simple enough, but so am I :-)

I have just pulled my funds out of Jupiter Lend/Borrow , because I did not fundamentally understand the process. I worked out OK as I came out with more JLP than I put in, but my basic premise was mistaken.

I deposited JLP, borrowed USDC, bought JLP, deposited JLP, borrowed more USDC and bought more JLP to deposit...not too much, I was 28% leveraged , so a safe margin.

Here was my mistake, I saw the APY on JLP as 18% and the borrow APY on USDC as 6% , so, an easy margin I thought. I earn more on my JLP than I pay on my USDC . I also planned on JLP going up, which it did, and repaying the UDSC by selling JLP, (which I did). However I was annoyed to see no increase in my deposited JLP balance while my borrowed USDC balance was ticking up slowly.

Where is my JLP APY!!! , I asked on their discord and was told it does not work like that. But it worked like that on Suilend, deposit Sui, borrow USDC, earn on SUI and pay on USDC, what's different ?, I was told that JLP is a "self aggregating token" so it doesn't work like tat...totally over my head..it works like that for "regular tokens".

I was told I needed to use the JLP multiply...so I had a look, still confused. Withdraw finds ( small profit on JLP rise) and decide I'm not smart enough for this.

OK, now I see you have a post on Jupiter Multiply, I'm off to read it and see if I can get my head round JLP multiply.

Maybe I'll try again