Debate Over Re-Collateralization of Solana DEX 'Jupiter': Questioning the 'Zero Contagion Risk' Claim

Kash Danda, the Chief Operating Officer of 'Jupiter', a DEX aggregator on the Solana (SOL) blockchain, admitted on the 7th that the project's official post claiming 'zero contagion risk' was inaccurate. In a video statement, Mr. Danda mentioned, 'There was a social media post suggesting that isolated vaults could completely eliminate contagion risk. This was not 100% accurate,' and revealed that the problematic post had already been deleted. He expressed regret, noting, 'We removed it to prevent further spread, but in hindsight, we should have issued a correction at the time of deletion.'