: : Jito, the Ruler of Solana MEV
1. The Rise of Solana, and Jito at Its Forefront
2. Primer on Solana MEV
3. Jito, the Ruler of Solana MEV
4. What's Next?
Article by
@pillarbear : : FP
1/ Back from the Ashes
Solana is back after FTX crisis. On-chain activity, sentiment & enterprise deals surging. Jito's rise as leading liquid staker w/ MEV rewards instrumental in growth
2/ Solana's MEV Problem
Solana's ultra-low transaction fees have unleashed a relentless MEV bots attacking the network. These bots exploit arb opportunities, congest the network with spam transactions, and waste resources through constant failed txs
3/ What does Jito offer?
Jito's solutions - MEV-enabled client & liquid staking token - address issues in MEV extraction & liquid staking. Boost network efficiency & health. Strategic moves cement position as top Solana liquid staker
4/ Rising Adoption
Jito client reduces spam & enables validators to capture MEV revenue. Adoption 46% since Aug'22 launch. Liquidity via jitoSOL token surged to $500M+. Recent Lido exit & lucrative airdrops strengthen market position of Jito
5/ Reimagining Liquid Staking
Jito's liquid staking token jitoSOL offers auto-compounding yields & shares MEV profits. Uniquely positioned to be a core DeFi asset as usage in lending & DEX pools unlocks revenue
6/ Decentralization Vision
Jito's upcoming StakeNet protocol manages validation & delegation on-chain via decentralized keepers & governance. Mitigates risks of centralized liquid staking designs prevalent currently
7/ Coordinated Expansion
Jito's ascent transforms liquid staking landscape while enhancing Solana's security, decentralization & efficiency. Hybrid model aligns incentives across validators, traders & stakers - signaling coordinated growth
8/ You can see the full version of "Jito, the Ruler of Solana MEV" in the link below:
https://4pillars.io/en/article/79