JITO Solana

Jito is a liquid staking protocol built on the Solana blockchain that enhances staking rewards by combining traditional SOL staking with Maximal Extractable Value (MEV) strategies. When users stake SOL, they receive JitoSOL, a liquid token that appreciates over time and can be utilized across various DeFi platforms.

Jito uses a decentralized system called StakeNet to delegate stakes to high-performing validators. Additionally, it distributes MEV earnings to stakers, which increases their yield. The protocol is governed by the JTO token, which enables community participation in important decisions. Overall, Jito offers scalability, efficiency, and liquidity while maintaining decentralization and security within the Solana ecosystem.