# Jito

Jito is the liquid staking service for Solana that distributes MEV (maximum extractable value) rewards to holders. The Jito Stake Pool enables users to stake their Solana tokens in exchange for a liquid stake pool token (JitoSOL). The JitoSOL token provides liquidity while earning a combination of staking rewards and MEV rewards.

Jito's liquid staking token is unique in two ways:

* JitoSOL provides additional rewards to users from MEV transactions happening on Solana
* Jito exclusively stakes with validators that run software designed to improve network performance. The improvements from the introduction of an auction mechanism so network congestion is less likely.

Jito (Re)staking is liquid staking infrastructure on Solana. It allows external networks to build staking protocol on Solana and enables users to (re)stake JitoSOL and other SPL tokens across these networks, simultaneously. (Re)staked assets provide economic security to these networks and earn rewards, creating opportunities for additional yield beyond traditional staking.

You can find the link to the block explorer below:

{% embed url="<https://explorer.jito.wtf/>" %}

* [Validator Address](#validator-address)
* [Performance](#performance)
* [Staking Mechanics](#staking-mechanics)

### Validator Address

{% tabs %}
{% tab title="Mainnet" %}

<table><thead><tr><th width="172.453125">Type</th><th>Value</th></tr></thead><tbody><tr><td>Validator Name</td><td>Luganodes</td></tr><tr><td>Validator Address</td><td>LKFpfXtBkH5b7D9mo8dPcjCLZCZpmLQC9ELkbkyVdah</td></tr></tbody></table>
{% endtab %}
{% endtabs %}

### Performance

{% embed url="<https://www.jito.network/restaking/node-operators/LKFpfXtBkH5b7D9mo8dPcjCLZCZpmLQC9ELkbkyVdah/>" %}

### Staking Mechanics

<table><thead><tr><th>Metrics</th><th>Details</th><th data-hidden>Details</th><th data-hidden></th></tr></thead><tbody><tr><td>Reward Frequency</td><td>Every 2-3 days ( 1 epoch)</td><td></td><td></td></tr><tr><td>Auto-compounding</td><td>Yes through VRTs</td><td></td><td></td></tr><tr><td>Slashing</td><td>Yes</td><td></td><td></td></tr><tr><td>Stake Lockup</td><td>4-5 days ( 2 epochs)</td><td></td><td></td></tr><tr><td>Unbonding Period</td><td>2-3 days (1 epoch)</td><td></td><td></td></tr></tbody></table>


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