Yeliz Akmaca 
Jito is an innovative liquid staking platform operating on the Solana (SOL) blockchain. When users stake their SOL tokens on the Jito platform, they receive JitoSOL tokens in return. These tokens represent both the staked SOL assets and the passive income generated from them. This allows users to continue participating in the DeFi ecosystem without locking their assets entirely.
Key Features of Jito
- Liquid Staking: Users can stake their SOL and receive JitoSOL tokens, enabling them to interact with other DeFi protocols while maintaining liquidity and earning extra rewards.
- MEV (Maximum Extractable Value) Rewards: In addition to staking income, Jito provides MEV rewards. MEV refers to profit opportunities derived from transaction ordering, offering JitoSOL holders extra yield.
- StakeNet: Jito’s stake management infrastructure analyzes validator performance and distributes rewards autonomously, transparently, and in a decentralized way. This promotes validator competition and enhances network performance.
What is JTO Token?
JTO is the governance token of the Jito platform. Launched by the Jito Foundation in 2023, JTO quickly gained traction in the DeFi space.
Governance: JTO holders can vote on platform upgrades, fee changes, and strategies such as StakeNet configuration.
Role and Usage of JTO Token
- Participate in Jito Network governance
- Set stake pool fees
- Update delegation strategies
- Manage the DAO treasury and fees from JitoSOL
- Influence protocol and product development
How JitoSOL Token Works and Its Benefits
- Fixed Quantity: The number of JitoSOL tokens in your wallet remains constant, but their SOL value increases over time.
- Value Appreciation: As validators earn staking and MEV rewards, the total SOL in the pool grows—without minting new JitoSOL tokens.
- Auto-Compounding: JitoSOL tokens represent a growing share in the pool as it accumulates more SOL.
- Liquidity & DeFi Integration: JitoSOL tokens are DeFi-compatible, allowing users to maintain liquidity and earn additional income.
- Unstaking: When JitoSOL is returned, users receive more SOL than initially staked, thanks to accrued rewards. Unstaking may take 2–5 days, but token swaps on centralized or decentralized exchanges offer quicker alternatives.
Token Details and Market Data
- Token Name: JTO
- Fully Diluted Valuation (FDV): $1.92 billion
- Total Supply: 999.99 million JTO
- Max Supply: Not specified
- Circulating Supply: 354.04 million JTO
- Blockchain: Solana
Token Allocation
- Community Growth: 34.3% (343 million JTO)
- Ecosystem Development: 25% (250 million JTO)
- Investors: 16.2% (162 million JTO)
- Core Contributors: 24.5% (245 million JTO)
Founders and Project History
Jito was founded in 2021 by Lucas Bruder under the U.S.-based Jito Labs. Bruder is an experienced technologist with a background in robotics and Tesla. Jito has become one of the largest liquid staking providers on Solana.
How Does Jito Work?
- Users stake SOL tokens on Jito
- Receive JitoSOL tokens in return
- JitoSOL includes both staking and MEV rewards and can be used in DeFi
- Users redeem JitoSOL to withdraw SOL + accrued yield
- Unstaking may take 2–5 days unless traded on exchanges
Technical Infrastructure
- Jito utilizes Solana’s fast and low-cost blockchain. Through its liquid staking model, users remain active in DeFi without locking their SOL.
- StakeNet protocol manages staking by tracking validator performance in real-time and distributing rewards automatically and fairly. This system preserves decentralization while maximizing efficiency.
- Unlike Ethereum-based tokens, JitoSOL benefits from Solana’s scalability, allowing seamless and cost-effective DeFi interactions.
- The protocol is open-source, promoting transparency and enabling community contribution.
Project Milestones
- 2021: Founded by Lucas Bruder and Zano Sherwani
- 2023: JTO token airdropped and DAO structure launched
- 2024: JitoSOL became Solana’s largest liquid staking token
- 2025: JTO token actively used in decentralized governance
Key Advantages of Jito
- Staking Without Liquidity Loss: Users stay liquid while staking
- Higher Yield Potential: MEV rewards increase earnings
- Fast & Cheap Transactions: Benefits from Solana’s speed and low fees
- Decentralized & Transparent: StakeNet promotes fairness and decentralization
Socials and Community
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