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Jito JTO |
BUY
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$0.3028454 |
-0.52% (24h) |
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Marketcap |
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$138,753,462 |
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Volume 24h |
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$12,975,518 |
Description
Jito (JTO) is the governance token for Jito Network, a leading liquid staking and MEV (Maximum Extractable Value) protocol on the Solana blockchain. The protocol allows users to stake their SOL and receive "jitoSOL," which earns both staking rewards and a share of the profits generated from optimized transaction ordering. This helps secure the Solana network while also making it more efficient and profitable for individual users. The JTO token gives the community the power to manage the protocol’s parameters, the community treasury, and the distribution of MEV-related incentives.