1. Introducing $JTO: A New Era of Community-Led Governance.
The Jito Foundation is thrilled to unveil the $JTO governance token to enable community-driven leadership. 2. Through $JTO, the community is now trusted with key decision-making powers to drive the future of Jito, the fastest-growing liquid staking protocol on Solana.
This includes the MEV ecosystem utilized by over 40% of Solana network’s stake weight.
Oct 31, 2022 • 5 tweets • 3 min read
We just launched JitoSOL, Solana’s 1st MEV-powered liquid staking derivative!
The token offers best-in-class yield while improving Solana's decentralization and network security.
Users can swap SOL for JitoSOL now at jito.network
JitoSOL Yield = Staking + MEV Rewards:
Current tokens only provide staking rewards. The Jito-Solana validator client launch enables stakers to collect MEV fees too.
These fees accrue to JitoSOL holders as additional rewards.