#Switchboard goes live on Jito platform#
Hot Topic Overview
Overview
Switchboard Protocol will become the first Solana oracle network to leverage Jito's growing restaking platform. Jito is a Solana-based platform designed to unlock the value locked in the Solana ecosystem through restaking. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. Switchboard's integration will bring further value to the Jito platform and unlock more opportunities for the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Switchboard Protocol will become the first Solana oracle network to leverage Jito’s growing restaking platform. Jito is a platform designed to provide liquidity to the Solana ecosystem, and its restaking platform allows users to stake their SOL into Jito's protocol in exchange for returns. With nearly 70% of outstanding SOL already staked, Solana restaking represents a $76 billion market opportunity. Switchboard's participation will bring more value to the Jito platform and provide stronger oracle services to the Solana ecosystem. As the leading oracle network on Solana, Switchboard's participation will bring more users and liquidity to the Jito platform and provide stronger oracle services to the Solana ecosystem.
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 growing rehypothecation platform.
With nearly 70% of outstanding SOL staked, Solana rehypothecation represents a $76 billion market opportunity.
Jito's platform will provide new rehypothecation opportunities for the Solana ecosystem.
The launch of Switchboard will bring new users and use cases to the Jito platform.