Ario
    discord@ario_57_
    @ario57

    Jito | Liquid Staking

    What is Jito?

    Jito is a decentralized liquid staking protocol on Solana that enables users to earn staking rewards and MEV rewards.

    Liquid staking allows users to stake their assets and receive a liquid token in return, which can be used in other DeFi applications, such as lending and yield farming. Jito is unique in that it is the only liquid staking protocol on Solana that distributes MEV rewards to holders.

    MEV is the maximum extractable value that can be extracted from a block by a miner or validator. Jito's validators are MEV-enabled, meaning that they can participate in MEV auctions and generate additional rewards for the protocol.

    To use Jito, users simply deposit their SOL into the Jito Stake Pool. In return, they receive JitoSOL, a liquid stake pool token. JitoSOL holders earn staking rewards and MEV rewards automatically.

    JitoSOL can also be used in other DeFi applications, such as lending and yield farming.

    Here are some of the benefits of using Jito:

    • Earn staking rewards and MEV rewards: Jito holders earn a combination of staking rewards and MEV rewards, which can be significantly higher than traditional staking rewards alone.
    • Maintain capital efficiency: JitoSOL is a liquid token, which means that users can maintain capital efficiency by using it in other DeFi applications, such as lending and yield farming.
    • Support the Solana network: Jito exclusively stakes with validators that run software designed to improve network performance.
    db-image-image-uglj
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.