#Switchboard integration with Jito platform#
Hot Topic Overview
Overview
Switchboard Protocol will be the first Solana oracle network to go live on Jito’s developing re-staking platform. Jito aims to offer a new re-staking platform for the Solana ecosystem, and Switchboard, as the leading oracle network on Solana, will be able to leverage Jito’s platform to expand its services and provide more value to users. With nearly 70% of outstanding SOL staked, Solana re-staking represents a $76 billion market opportunity, and Switchboard’s inclusion will further drive the development of the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Switchboard Protocol, a Solana-based oracle network, will become the first blockchain oracle network to leverage Jito’s growing re-staking platform. Jito aims to provide a new re-staking platform for the Solana ecosystem, and Switchboard's integration will bring vital oracle services to the platform, helping to improve Jito's efficiency and security. With nearly 70% of outstanding SOL staked, Solana re-staking represents a $76 billion market opportunity. Switchboard's integration will bring more users and developers to Jito, driving growth in the Solana ecosystem.
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 restaking platform.
Solana restaking represents a $76.0 billion market opportunity, as nearly 70% of outstanding SOL is staked.
Switchboard's launch will bring new features and value to Jito's restaking platform.
Jito's restaking platform will provide new liquidity and yield opportunities for the Solana ecosystem.