by Jito Foundation
Quick Fact
Jito Staking is a non-custodial liquid staking service that enhances Solana staking rewards through MEV extraction, providing users with JitoSOL tokens that automatically compound rewards while maintaining liquidity.
Jito Staking is a premier non-custodial liquid staking protocol on the Solana blockchain that enables users to stake any amount of SOL while maintaining liquidity. By issuing JitoSOL tokens in exchange for staked SOL, users can continue participating in DeFi activities while earning staking rewards. What distinguishes Jito Staking is its innovative MEV-enhanced rewards system that distributes additional value extracted from transaction ordering, significantly boosting returns compared to conventional staking methods.
Jito Staking leverages Maximal Extractable Value (MEV) to provide enhanced staking yields. The protocol automatically distributes MEV rewards to all stakers, offering a significant advantage over traditional staking solutions with no additional effort required from users.
The platform automatically compounds staking rewards, increasing the value of JitoSOL tokens over time relative to SOL. This mechanism eliminates the need for manual claiming and restaking, optimizing returns while saving users time and transaction fees.
JitoSOL tokens can be seamlessly utilized across the Solana DeFi ecosystem, allowing holders to participate in yield farming, lending protocols, liquidity provision, and other DeFi strategies while continuing to earn staking rewards.
Jito StakeNet employs advanced algorithms to evaluate validators and optimally distribute stake across the network, enhancing both security and decentralization while maximizing staking efficiency for all participants.