Jito
JTO
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:
Validator Address
Validator Name
Luganodes
Validator Address
LKFpfXtBkH5b7D9mo8dPcjCLZCZpmLQC9ELkbkyVdah
Performance
Staking Mechanics
Reward Frequency
Every 2-3 days ( 1 epoch)
Auto-compounding
Yes through VRTs
Slashing
Yes
Stake Lockup
4-5 days ( 2 epochs)
Unbonding Period
2-3 days (1 epoch)
Last updated