This Wednesday we host none other than @buffalu__, CEO at @jito, on Pirates Parley.
We will be going over everything and anything Jito, from the beginnings of Solana to launching their own trading interface.
Tune in live and ask questions you might have for this dynamic team!
Proud to announce that @Jito is a Founding Partner Sponsor of CastleDAO
Jito builds core infrastructure on @solana, from liquid staking to the block-building systems that keep the network running at full speed.
With @JTX_trade, that execution engine now powers CEX-level UX with self-custodial trading.
We're proud to have them onboard and thankful for their support!
The Blockworks Advisory's Q2 tokenholder report for Jito is out.
Some highlights:
‣ BAM stake grew from ~27% -> ~33%; 340 validators -> 378
‣ MPP (Maker Priority Plugin) went live—since onboarded 17 programs, accounting for over $500m in daily spot volume
‣ FireBAM opened onboarding for Frankendancer operators
‣ @jtx_trade was announced, opened public access July 21st.
JitoSOL holders will vote first! Details will follow soon on how to claim a voting token for every JitoSOL you own. Holders will move with the entire stake pool with their vote.
A big governance upgrade for JitoSOL holders.
https://t.co/VPwy1GEZ8G
1/ I know we are singularly focused on CLARITY rn, but heads up on an important reg development last week: @SECGov approved an amendment to the ETF generic listing standards that allows trusts to hold 15% in an additional "digital commodity" which include LSTs like @jito SOL.
In late July, the SEC approved amendments to the generic listing standards for Commodity-Based Trust Shares across Nasdaq, NYSE Arca, and Cboe BZX.
We are committed to the advancement of onchain capital markets, and believe staking infrastructure should be legible to the institutions that will rely on it. With the amended standards, a trust listed on the three listing exchanges may now hold up to 15% of NAV in a digital commodity, defined in language drawn from the SEC and CFTC's joint interpretive guidance.
We have published our analysis of why JitoSOL meets that definition, alongside objective, technology-neutral criteria that issuers and exchanges can apply to any staking receipt token. A staking receipt token removes the tradeoff of a trust that stakes directly, holding an unstaked buffer or needing to borrow to fund redemptions. JitoSOL keeps capital fully staked and fully liquid.
Read the full version:
https://t.co/umY5eVLruG
GTA 6 is launching without a disc. The Solana ecosystem is pressing its own. ☆★★★★
$TTWO (Take-Two Interactive, publisher of GTA 6) lists on Solana tomorrow.
Issued by @Backpack Securities. Listed onchain via Sunrise.
The gap in institutional products in Korea was never demand.
"Korea has the capital and the regulatory momentum, what's been missing is proven infrastructure institutions can actually trust."
"JitoSOL already carries that track record, from VanEck's ETF filing in the US to 21Shares' ETP in Europe, and Wavebridge is the right partner to bring it into Korea's regulated market." - @marcliew888, Jito's Head of APAC
The Jito Foundation has partnered with Wavebridge, a KoFIU-registered VASP and institutional prime broker, to explore bringing JitoSOL into Korea's regulated market.
The teams have signed an MOU covering institutional products built on JitoSOL and the custody and settlement framework behind them.
Summer incentives RENEWED on Base with PancakeSwap SOL-cbBTC, SOL-USDC, and jitoSOL-SOL on Beefy.
Go to https://t.co/Ux6TDoDp1P to earn more!
Thanks to our frens at @base@PancakeSwap@gauntlet_xyz@merkl_xyz
Orderbook view is now live, including for pairs that have never had a book, exclusively on JTX.
A familiar view, now for onchain pools. See real, routable onchain liquidity aggregated from supported DEXs and PropAMMs, all in one book.
We are LIVE with Solana Weekly News - Is this CLARITY's final week?
⚖️ Regulatory Roundup with @jito CLO @RebeccaRettig1
📊 @MorganStanley launches MSOL ETF
🔼 @solana block capacity up 66%
Plus, MetaDAO, perps ATH, MoonPay's AI wallet & more
Tune in👇
https://t.co/GyJJ00QnjR
Three months ago, BAM shipped the Maker Priority Plugin, the first implementation of Application Controlled Execution. 17 programs are now enrolled, with over $500M in combined daily spot volume.
Read an update on MPP:
https://t.co/R6gGh56ny4