#Switchboard, the first Solana re-抵押 platform#
Hot Topic Overview
Overview
Switchboard will soon be the first oracle network to launch a Jito re-staking platform on Solana. With nearly 70% of SOL staked on Solana, the re-staking market has immense potential, estimated to reach $76 billion. Switchboard's addition will bring new opportunities to the Solana ecosystem and offer users more choices and flexibility.
Ace Hot Topic Analysis
Analysis
Switchboard is set to become the first Solana oracle network to launch on Jito's burgeoning rehypothecation platform. Jito is a Solana-based platform aimed at improving Solana's capital efficiency by allowing users to stake their SOL to other protocols. With nearly 70% of outstanding SOL already staked, Solana rehypothecation represents a $76 billion market opportunity. As the leading oracle network on Solana, Switchboard will be able to leverage the Jito platform to improve the efficiency and reliability of its oracle services and provide a broader range of applications for users. This will further solidify Switchboard's position within the Solana ecosystem and provide new momentum for its future development.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Switchboard will be the first Solana oracle network to launch on Jito's growing rehypothecation platform.
Solana rehypothecation represents a $76 billion market opportunity, as nearly 70% of outstanding SOL is staked.
The launch of Switchboard will bring new users and use cases to the Jito platform.
Switchboard's rehypothecation capabilities will provide more value to the Solana ecosystem.