#Solana Launches New Staking Platform#
Hot Topic Overview
Overview
Solana has launched a new staking platform, Jito, aiming to leverage the vast staking market on the Solana network. Jito allows users to stake their SOL on the platform and earn higher returns. Switchboard oracle network will be the first project to launch on Jito, bringing new opportunities to the Solana ecosystem. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. The launch of Jito will further drive the growth and development of the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Solana launches a new staking platform, Jito, aiming to leverage the massive staking size on the Solana network to provide new earning opportunities for users. The Jito platform allows users to stake their SOL into Jito's protocol and earn higher yields. Switchboard protocol will be the first Solana oracle network to launch on the Jito platform, which will provide a wider range of application scenarios and higher returns for the Switchboard protocol. With nearly 70% of outstanding SOL already staked, Solana restaking represents a $76 billion market opportunity. The launch of the Jito platform will bring new vitality to the Solana ecosystem and provide users with more choices to earn higher returns.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Solana's restaking represents a huge market opportunity, about $76 billion.
Switchboard will be the first Solana oracle network to leverage the Jito restaking platform.
The Jito restaking platform is constantly evolving.
Solana has a high staking rate, with nearly 70% of outstanding SOL staked.