Jito: MEV-powered Solana Liquid Staking

DeFi ProtocolsDecember 5, 2023, 1:18PM EST
Jito: MEV-powered Solana Liquid Staking
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Jito is a Solana-based liquid staking protocol that enables users to deposit SOL in exchange for its liquid staking derivative (LSD), JitoSOL.

LSDs are assets that represent an underlying token that is being staked. In Jito’s case, JitoSOL is a value-accruing token that earns its holders a combination of Solana staking and MEV rewards while being able to use them in DeFi applications. Unlike most other liquid staking protocols, JitoSOL provides additional rewards to users from MEV transactions on Solana.

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