# Jito

> Jito는 Solana용 액체 스테이킹 서비스로, Lucas Bruder와 Zano Sherwani가 공동 설립했으며 JitoSOL 토큰을 통해 MEV 보상과 유동성을 제공합니다.

- Canonical URL: https://iq.wiki/kr/wiki/jito
- Categories: Projects & Protocols
- Tags: DeFi, Infrastructure
- Created: 2024-07-31T18:50:50.913Z
- Last updated: 2026-07-09T22:52:33.775Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

---

**Jito** offers a [liquid staking](https://iq.wiki/wiki/liquid-staking) service for [Solana](https://iq.wiki/wiki/solana) that allocates maximum extractable value (MEV) rewards to participants. Users can [stake](https://iq.wiki/wiki/staking) their [SOL](https://iq.wiki/wiki/solana-sol) through the Jito Stake Pool and receive [JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol) tokens in return. These tokens offer [liquidity](https://iq.wiki/wiki/pol-protocol-owned-liquidity) while allowing holders to earn [staking](https://iq.wiki/wiki/staking) and MEV rewards. [Lucas Bruder](https://iq.wiki/wiki/lucas-bruder) and [Zano Sherwani](https://iq.wiki/wiki/zano-sherwani) are Jito's co-founders. [\[1\]](#cite-id-fllfj8pf366)





## Overview

Jito provides a [liquid staking](https://iq.wiki/wiki/liquid-staking) service for [Solana](https://iq.wiki/wiki/solana), allowing users to [stake](https://iq.wiki/wiki/staking) their tokens and receive [JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol) tokens in return. [JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol) offers [liquidity](https://iq.wiki/wiki/pol-protocol-owned-liquidity) while earning both [staking](https://iq.wiki/wiki/staking) and MEV (maximum extractable value) rewards. This service stands out by providing additional rewards from MEV transactions and only working with [validators](https://iq.wiki/wiki/validator) that use software to enhance network performance and reduce congestion. [JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol) accumulates value from these rewards and supports [DeFi](https://iq.wiki/wiki/defi) integrations, enabling users to earn yield from [validators](https://iq.wiki/wiki/validator) and lending or farming protocols. Jito aims to maximize yield for [JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol) holders and improve the [Solana](https://iq.wiki/wiki/solana) network. [\[1\]](#cite-id-fllfj8pf366)

### Jito Foundation

The Jito [Foundation](https://iq.wiki/wiki/foundation), established in the Cayman Islands, supports the Jito Network's development and operates under its own Bylaws and governance documents. Tokenholders have decision-making power regarding the [Foundation](https://iq.wiki/wiki/foundation) and the network. Governance of the [Foundation](https://iq.wiki/wiki/foundation) is conducted through Tokenholder Votes, including the submission and voting on Jito Improvement Proposals (JIPs). [\[2\]](#cite-id-2hd3vnemjb6)



## Features

### MEV Solution

Maximum Extractable Value (MEV) refers to the profit that can be gained from the specific order of transaction execution. For example, if a large swap on Orca alters a pool’s price, traders might exploit the price discrepancy for [arbitrage](https://iq.wiki/wiki/arbitrage), which is considered MEV. Similarly, [liquidation](https://iq.wiki/wiki/liquidation) bots compete to process liquidations when a price threshold is met. MEV is prevalent in traditional finance and everyday scenarios, such as fans rushing to buy concert tickets to avoid resale markups. [\[3\]](#cite-id-rop405xo25a)

The Jito [Foundation](https://iq.wiki/wiki/foundation) aims to optimize the extraction and distribution of MEV to enhance [Solana's](https://iq.wiki/wiki/solana) security and decentralization. [Solana](https://iq.wiki/wiki/solana) has faced network congestion from traders attempting to capture MEV by resending transactions multiple times, similar to users repeatedly refreshing a ticket sales website that is under heavy load. To address this, Jito introduced a solution involving an auction system where traders bid for transaction sequences they believe are profitable. A [block](https://iq.wiki/wiki/block) engine selects the highest-value combination of transactions, and the proceeds from these auctions are shared with stakers through [JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol). This mechanism reduces the incentive for spam while boosting rewards for stakers, and [JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol) benefits from these MEV rewards without being exposed to the risks of MEV trading. [\[3\]](#cite-id-rop405xo25a)

### Stake Delegation

The Jito Foundation's [Liquid Staking](https://iq.wiki/wiki/liquid-staking) aims to enhance [Solana's](https://iq.wiki/wiki/solana) decentralization and performance. Validators meeting specific criteria can qualify for [stake](https://iq.wiki/wiki/staking) delegation. The goals are to support high-quality network operators, improve decentralization by avoiding the superminority, provide high yields to [JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol) holders, and promote the adoption of the Jito-[Solana](https://iq.wiki/wiki/solana) [validator](https://iq.wiki/wiki/validator) client, which helps increase yields and reduce spam. [\[4\]](#cite-id-qag8r6waf7j)

[Validators](https://iq.wiki/wiki/validator) must meet certain requirements, including running an MEV-enabled client with a commission rate of 10% or less, not being part of the superminority, and not using unsafe consensus modifications. They are ranked based on their performance, measured by average epoch [credits](https://iq.wiki/wiki/credits) over the last 20 epochs and adjusted for commission rates. [\[4\]](#cite-id-qag8r6waf7j)

Delegation is given to the top 200 performing [validators](https://iq.wiki/wiki/validator). If fewer than 200 meet the criteria, the delegation is distributed among those who do. Pool churn is limited to 7.5% of the total value locked per 10-epoch cycle to minimize the impact on [JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol) yields. [Validators](https://iq.wiki/wiki/validator) may be immediately excluded for zero epoch [credits](https://iq.wiki/wiki/credits), exceeding the 10% commission rate, or engaging in malicious behavior. Performance rebalancing involves unstaking up to 7.5% of the pool from lower-scoring [validators](https://iq.wiki/wiki/validator) and reallocating it to higher-performing ones. [\[4\]](#cite-id-qag8r6waf7j)

### StakeNet

StakeNet consists of keepers and on-chain programs with two main components. The [Validator](https://iq.wiki/wiki/validator) History Program maintains a record of up to three years (512 epochs) of [validator](https://iq.wiki/wiki/validator) activity, offering a transparent and cryptographically verified history. This allows users and on-chain programs to assess [validator](https://iq.wiki/wiki/validator) performance. [\[5\]](#cite-id-hpgvgbx6mvb)

The Steward Program uses this historical data and other on-chain information to compute scores and determine stake delegation amounts for each [validator](https://iq.wiki/wiki/validator). Keepers manage a state machine to ensure stakes are allocated to the highest-performing [validators](https://iq.wiki/wiki/validator). This system operates autonomously and facilitates a transparent, efficient [stake](https://iq.wiki/wiki/staking) delegation process based on validated historical data. The operations of the [stake](https://iq.wiki/wiki/staking) pool are [permissionless](https://iq.wiki/wiki/permissionless) and accessible to anyone with a small amount of [SOL](https://iq.wiki/wiki/solana-sol) for transaction execution. [\[5\]](#cite-id-hpgvgbx6mvb)



#### Validator Scoring

Since September 6, 2023, StakeNet has used on-chain data for [validator](https://iq.wiki/wiki/validator) scoring, which includes: [\[5\]](#cite-id-hpgvgbx6mvb)

* **Vote Credits**: Measures a [validator's](https://iq.wiki/wiki/validator) participation and accuracy in consensus.
* **Commission**: Reflects the fees charged by [validators](https://iq.wiki/wiki/validator), affecting stakeholder rewards.
* **MEV Commission**: Additional earnings from efficient Maximum Extractable Value (MEV) extraction.
* **Validator Version and Client Type**: Provides insights into software reliability and operational status.
* **Total Stake and Stake Rank**: Shows each validator's total stake and ranking to identify those above the superminority line.

Data sources include on-chain accounts, which offer proof of authenticity, and gossip data, which provides real-time updates. StakeNet plans to expand the data set to include additional metrics such as geographical location and [validator](https://iq.wiki/wiki/validator) skip rates in the future. [\[5\]](#cite-id-hpgvgbx6mvb)

![aAIUUSR8McYKTmXdQKDpAOkYvRvkLWn3DlHLqp45-WFSoibXcGanrQ\_p3CxviJsLvYEmdRwypecg\_5txiD\_Wzi7iYyqOKkc6hsg4lw15WnOUUiVN9sxUyjMyGlGOsEWyGqMM49RrwqYTFhws88--EHc-1.png](https://ipfs.everipedia.org/ipfs/QmVFCegWHmxgYyBLJJcMUkMzjFaKk2qFL17rrTzNzZ4eQh)

#### Stake Movement

Traditionally, [stake](https://iq.wiki/wiki/staking) pool management relies on a hot [wallet](https://iq.wiki/wiki/cryptocurrency-wallet) controlled by the managing team, posing risks if compromised, as it could move all [stakes](https://iq.wiki/wiki/staking) to a single [validator](https://iq.wiki/wiki/validator). To address this, StakeNet has shifted authority to an on-chain steward program. The hot [wallet](https://iq.wiki/wiki/cryptocurrency-wallet) authority, or "Staker," is now managed by a Program Derived Address (PDA) controlled by the Steward. This change ensures that only stake movements calculated by the on-chain scoring algorithm can occur, enhancing security by preventing external manipulation. The Steward Program automates and aligns stake delegation with network health, rewarding high-performing [validators](https://iq.wiki/wiki/validator) and penalizing underperformers. [\[5\]](#cite-id-hpgvgbx6mvb)

![eJMExP4hrJpGRCeQf1hTuIROvU7cYlKYIHUERJtkbUdsY2WBXrM3zJq-WPk9y7l1z28h3azrvpB77b3hCwF-l\_GtH5MKtDznu82hpDJvlY7V79rnBTLMSMhw3wnCPWKzATrfOHd6tES35cTx3QeFzTg.png](https://ipfs.everipedia.org/ipfs/QmW2hZW1YhBZ93VWH8C5P6R4KQjxma5JBq6VQASAQfCK52)



## JitoSOL

[JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol) is a [liquid staking](https://iq.wiki/wiki/liquid-staking) derivative on the [Solana](https://iq.wiki/wiki/solana) [blockchain](https://iq.wiki/wiki/blockchain) that allows users to exchange their [SOL](https://iq.wiki/wiki/solana-sol) for [JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol), maintaining [liquidity](https://iq.wiki/wiki/pol-protocol-owned-liquidity) and [DeFi](https://iq.wiki/wiki/defi) opportunities while earning [staking](https://iq.wiki/wiki/staking) yield. It also offers rewards from maximum extractable value (MEV) extraction on [Solana](https://iq.wiki/wiki/solana). Users can trade [JitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol) on [decentralized exchanges](https://iq.wiki/wiki/decentralized-exchange) like [Jupiter](https://iq.wiki/wiki/jupiter) or withdraw [SOL](https://iq.wiki/wiki/solana-sol) via Jito’s website after a 2-3 day cooldown. The token starts with a [1:1](https://iq.wiki/wiki/currency-peg) exchange rate with SOL, which appreciates as rewards are accrued. [\[7\]](#cite-id-zlzx98z4q8)

### JitoSOL and ETFs

The Jito Foundation has advocated for the inclusion of LSTs like JitoSOL in exchange-traded funds (ETFs) as a more flexible alternative to direct [staking](https://iq.wiki/wiki/staking), especially in light of regulatory constraints around [staking](https://iq.wiki/wiki/staking) within traditional ETFs. LSTs offer benefits aligned with ETF architecture, such as collateral utility, in-kind redemption, and improved yield management. JitoSOL’s structure and classification as a non-security commodity position it as a candidate for ETF inclusion, enabling both long-term and short-term holders to gain yield exposure to Solana without operational staking complexity.  [\[8\]](#cite-id-1M4Tx9AqqT)



## JTO Token

The JTO [governance token](https://iq.wiki/wiki/governance-tokens) enables community members to influence the decision-making and direction of the Jito Network directly. JTO has a total supply of 1B and has the following allocation: [\[6\]](#cite-id-8p8yn8l7uh)

* **Community Growth**: 34.2%
* **Ecosystem Development**: 25%
* **Core Contributors**: 24.5%
* **Investors**: 16.2%
* **Airdrop**: 10%

![Granular-pie-chart--1-.png](https://ipfs.everipedia.org/ipfs/QmbcQ7zrhcRAhpgADjDAyi1k4VhzaYbjN6SRn6tejnYUWK)



## Partnerships

* [Maple Finance](https://iq.wiki/wiki/maple-finance)
* Midcurve
* [Phantom](https://iq.wiki/wiki/phantom-wallet)
* [Infinex](https://iq.wiki/wiki/infinex)
* Drift
* Mango
* MarginFi
* Solend
* Orca
* Kamino Finance
* [Raydium](https://iq.wiki/wiki/raydium)
* Meteora
* Invariant