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Description

JTO empowers token holders to influence important decisions that will guide the future development of the Jito Network, ensuring it progresses in accordance with user requirements and the larger Solana ecosystem. Jito's innovative software enhances the efficiency of Solana's operations while allowing for the generation of MEV rewards. By staking in Jito's stake pool, validators are motivated to share MEV profits more equitably. Users can deposit SOL into this pool to receive JitoSOL, which enables them to benefit from extra APY generated through the redistribution of MEV rewards. Furthermore, the JitoSOL not only accumulates MEV rewards but also provides additional staking benefits. The primary goal of the Jito Foundation's liquid staking initiative is to promote decentralization and elevate the overall performance of the Solana blockchain. Validators who fulfill specific criteria may qualify for stake delegation, thereby boosting their engagement with the network. By delivering substantial returns to JitoSOL holders, the initiative encourages a greater stake in the network, while simultaneously promoting the use of Jito-Solana’s validator client, which enhances staking yields and reduces the risk of spam activities. Ultimately, this multifaceted approach aims to create a robust and sustainable ecosystem for all participants involved.

Description

Introducing a groundbreaking development for ETH2! This innovative token encapsulates both a staking deposit and the rewards accrued over time within the Rocket Pool ecosystem, making it versatile for various uses. All of Rocket Pool's contracts are openly accessible and designed with a methodology that facilitates easy and seamless upgrades. With our unique node software, individuals, businesses, and groups can effortlessly operate a node within our network, stake their own ETH at no cost, and achieve a superior Proof of Stake return. To protect stakers from the adverse effects of poorly performing nodes, any losses are collectively shared across the entire network, thereby lessening the burden on any individual participant. The principles of network redundancy and decentralization serve as foundational elements of the Rocket Pool framework. By employing this strategy, we effectively mitigate potential challenges and their repercussions. Rocket Pool's inception dates back to late 2016, inspired by the Mauve Paper authored by Vitalik, highlighting our extensive experience in the field. Our longevity in this industry not only demonstrates our commitment but also enhances the reliability of our platform. As we continue to evolve, we remain dedicated to fostering a robust community and advancing the future of decentralized staking.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

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Ethereum
Firefox Nightly
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Jupiter
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Solana
Solflare
Solong
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Integrations

AI Crypto-Kit
Arbitrum
Bitget Wallet
Brave Wallet
Clover
Coin98
Coinbase Wallet
Ethereum
Firefox Nightly
Glow Wallet
Jupiter
Kamino Finance
Phantom
Slope
Solana
Solflare
Solong
Torus

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Jito

Website

www.jito.network/

Vendor Details

Company Name

Rocket Pool

Founded

2017

Country

United Kingdom

Website

rocketpool.net

Product Features

Product Features

Alternatives

Alternatives

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