#Switchboard launches Jito platform#
Hot Topic Overview
Overview
Switchboard Protocol will be the first Solana oracle network to launch on Jito's growing restaking platform. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. Switchboard's launch will bring new oracle services to the Jito platform and broader applications to the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Switchboard Protocol will be the first Solana oracle network to launch on Jito's burgeoning re-staking platform. Jito is a platform designed to build DeFi products by leveraging the untapped liquidity on the Solana network. With nearly 70% of outstanding SOL already staked, Solana re-staking represents a $76 billion market opportunity. The launch of Switchboard will bring more functionality and value to the Jito platform and provide the Solana ecosystem with more robust oracle services. As the leading oracle network on Solana, Switchboard's launch on Jito will further drive the growth and development of the Solana ecosystem and provide DeFi products with more reliable data sources.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Switchboard will become the first Solana oracle network to launch on Jito's burgeoning re-staking platform.
Solana re-staking represents a $76.0 billion market opportunity.
The Switchboard protocol is poised to leverage Jito's re-staking platform.
Nearly 70% of outstanding SOL has been staked.