Jito
How to Liquid Stake on Jito
Click 'Stake Now'
Click 'Connect Wallet'
You may see a pop up offering to migrate your other liquid staking tokens.
Determine the amount of SOL you want to Liquid Stake
Below Connect Wallet you'll see the conversion rate between SOL and JitoSOL
Note: It may take a few minutes for the JitoSOL to appear in your wallet.
DeFi Opportunities for using JitoSOL are available at https://www.jito.network/defi/
Links
Parent Token: JTO - Chart
Staking Token: JITOSOL - Chart
Website: https://www.jito.network/
Jito emerges as a pioneering liquid staking platform designed to transform the way you earn on your digital assets. With its unique focus on maximizing Miner Extractable Value (MEV) rewards, Jito offers a compelling proposition for both individual stakers and the broader Solana network. Let's delve into what makes Jito stand out and why it might be the game-changer you've been looking for in your staking journey.
Why Choose Jito for Staking?
Unlocking Liquidity: Jito enables you to stake your SOL and receive JitoSOL in return, a liquid token that represents your stake. This innovative approach means you can enjoy the benefits of staking rewards while maintaining liquidity, allowing you to engage freely across the DeFi ecosystem without locking up your assets.
Custody of Your Funds: Security and control are paramount at Jito. Stakers always retain custody of their funds, ensuring peace of mind and trust in the platform's commitment to user empowerment and safety.
First MEV-Powered Stake Pool: Jito stands at the forefront of leveraging MEV rewards in staking. By staking with Jito, you're part of a cutting-edge movement that seeks to harness the potential of MEV for enhancing staking returns.
How Jito Benefits the Solana Network
Efficiency and Rewards: Jito's sophisticated software not only optimizes the Solana network's performance but also taps into MEV rewards. This dual benefit ensures a smoother network experience and an innovative rewards mechanism that goes beyond traditional staking.
Decentralization Efforts: By spreading stakes across the network, Jito actively contributes to Solana's decentralization. This approach strengthens the network's resilience and aligns with the decentralized ethos of blockchain technology.
Redistributing MEV Profits: The platform's MEV-focused strategy encourages validators to share MEV profits with stakers. This redistribution enhances the staking rewards, making Jito an attractive option for those looking to maximize their earnings.
Jito at a Glance - Feb 2024
Total Value Locked (TVL): 7.6M SOL
Annual Percentage Yield (APY): 7.80%
Community Strength: 82,192 Holders
Validator Support: 82 Validators
How Jito Works
Stake Your SOL: Deposit your SOL into Jito's pool to receive JitoSOL, keeping your assets liquid and ready for DeFi adventures.
MEV-Enabled Validators: Your SOL is delegated to top-performing validators equipped to earn MEV rewards, ensuring your stake is working hard for you.
Auctioning Blockspace: Validators auction off blockspace, capturing MEV rewards that are then funneled back into the pool, boosting your APY.
Accruing Rewards: Your JitoSOL not only represents your stake but also accumulates both staking and MEV rewards, compounding your earnings.
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