Jito (JTO) now available on BCM

May 17, 2024

Jito (JTO) focuses on revolutionizing liquid staking on the Solana blockchain by using Maximum Extractable Value (MEV) rewards. By staking SOL tokens in the Jito Stake Pool, users receive JitoSOL tokens, which combine both liquidity and MEV rewards. This innovative approach increases capital efficiency and benefits DeFi users.

What does Jito do?

  • Liquid Strike and MEV Rewards: Jito allows users to strike their SOL tokens and receive JitoSOL tokens. These tokens provide liquidity and allow users to earn MEV rewards, which are profit opportunities that come from optimizing transaction orders on the blockchain.
  • Decentralization and Network Performance: By using stake pools, Jito decentralizes the network by distributing deployment across multiple validator nodes. This not only improves the performance of the Solana network, but also supports high-quality validators, ensuring a robust and secure blockchain ecosystem.
  • Non-Custodial Security: JitoSOL operates on a non-custodial basis, meaning users retain control of their assets even if Jito ceases to exist. The security of the platform is reinforced by extensive audits and multi-signature operations, requiring consensus of the majority of the founding team for changes.
  • Governance with JTO Tokens: JTO tokens act as governance tokens within the Jito ecosystem. Holders can participate in the development and decision-making processes of the protocol, providing a decentralized and community-oriented governance model. This allows users to have a direct impact on the evolution of the Jito network.

Jito on BCM

By making Jito (JTO) available on BCM, we offer our users access to advanced liquid staking solutions on the Solana blockchain. This listing reflects BCM's commitment to supporting innovative projects and providing a wide range of assets to our global users. By enabling trading in JTO, BCM supports the growth of decentralized finance and enables users to increase their JTO holdings through active trading and participation in the protocol.