What happens when an innovator previously of HSBC, London Stock Exchange, Euroclear and CLS, discovers @Solana?
The Solana Research Institute is born.
Learn more about what we've been up to and the key issues we're focused on in the latest House of Sol podcast:
The market layer of Solana comes to London.
@jito has been building the execution, capital and incentive infrastructure that makes the onchain economy run.
Excited to welcome them to Olympia as a Breakpoint '26 Platinum sponsor!
if you're looking for a job @ on one of the most cracked teams in the industry lmk
@jtx_trade is hiring for FE and BE Engineers
@jito is also looking for a Security Engineer (think broad technical scope)
JitoSOL is now on PDAX! ⚡
JitoSOL is a Solana liquid staking token designed to represent staked SOL while supporting liquidity across the Solana ecosystem.
Trade JitoSOL today on PDAX! 📲 #YourNextMoneyMove#CryptoPH#jitoSOL#Solana
Good article. The forest has gotten a lot darker this year. Apologies for the long tweet but I have a lot of thoughts as we've seen these trends grow.
1. These services claim no front-running but enforcement is spotty and retroactive. We saw persistent sandwhiching instances from them on popular retail apps that were not corrected until outside intervention.
2. SOL's investment pitch is REV. With these and similar deals, REV capture is structurally declining. The value still exists but it's captured in opaque side deals. Our community should probably rethink REV as a KPI if we accept these as inevitable. It is going down only as these arrangements proliferate.
3. Stakers get screwed. Opaque yield is captured by validator operators or sophisticated institutional stakers that shop their stake to the highest bidder. Average staker doesn't have knowledge or access to this. This further reduces incentive to own SOL.
4. This disadvantages less sophisticated validators and centralizes stake. Each validator builds their own prop trading operation to internalize the profit. Only a handful have enough scale to do it right and capture maximum value.
Jito was founded to bring structure to the dark world of Solana MEV capture. The system is transparent, identical for everyone, whether big or small validator, and stakers of any size. The mechanism includes strong protections to prevent info leakage and front-running. In some cases, this structure means slightly less yield.
BAM was introduced a year ago as the next generation of block building. It has ~35% of network stake. BAM's design prevents most side deals. It was designed to put the network's user first - that rigidity is actually our biggest blocker from a validator onboarding perspective. Many operators want flexibility for side income they can keep for themselves, despite the impact on our network's lifeblood: users.
MCP solves some of these concerns but makes others worse. Regardless, the train has left the station and MCP isn't going to fix it soon.
I appreciate Andrei surfacing some of these items. We as a community should make proactive decisions about how we want the network to operate and what our ultimate values our.
The status quo is letting it quietly change under the surface: centralized stake, disadvantaged retail stakers, little REV and worse user execution.
The window for real discussion is now, otherwise the momentum will be irreversible.
@Helius@triton_one Have questions?
Check out our documentation for validators:
https://t.co/8X3wyubLJY
Ask us in the Jito Developers Discord: https://t.co/GrSBUSRfpO
BAM Preconfirmations are now live via @Helius and @triton_one
Get access to the lowest latency data stream from validators running BAM-compatible clients; covering over 34% of network stake
@Helius@triton_one If you’re a searcher, app or trader and want to get access to BAM preconfirmations, please visit:
Triton: https://t.co/yzeYXfhO7s
Helius: https://t.co/DDwqwKM4hC
Infra 🤝 Memes
Launch coins paired with solana:jtojtomepa8beP8AuQc6eXt5FriJwfFMwQx2v2f9mCL, Jito’s governance token, on StonkFun.
https://t.co/Lq5IOclKDH
i hear ppl think jito cares more about JTX and less about BAM. this is not true.
JTX is a consumer facing product, and it gets more attention bc its built for a much larger surface area of users and requires more marketing
BAM is complicated infrastructure, built for machines executing transactions. even if we spent more marketing on it, 95% of crypto twitter would not care or understand. if im wrong, pls let me know and ill gladly be more vocal about how much we are cooking.
for those that do care, here's whats cooking on the BAM side:
- scheduler optimizations: we have a team of cracked engineers (and their favorite frontier agents) relentlessly optimizing BAM to pack more CUs per block. full stop.
- rewards: in addition to scheduler optimizations, to increase competition and therefore rewards during BAM slots, BAM bundles will allow traders to send bundles directly to BAM, instead of having to send bundles through the block engine hop. more soon.
- preconfs: BAM bundles supplemented with BAM preconfs provides a tighter feedback loop for traders to compete more frequently during BAM slots. these will be the earliest look at whats happening onchain and we expect every serious trader to consume them. more soon.
- tighter spreads: early data from market makers using MPP is very promising, and theres evidence MMs are taking less toxic flow during BAM slots. these are subtle shifts in the market structure that most users wont feel or notice. even though the incremental improvements are unseen by most, this is the first inning, the impact of MPP appeals to the biggest and best onchain market makers, and transparent deterministic scheduling is a requirement for attracting more asset issuance. higher.
tldr: long your longs and run BAM. if you dont want to run BAM, pls tell me why.
currently REV on solana is splintering into N number of transaction landing services rather than stakers, and individual validators are applying scheduler modifications to maximize profit rather than to optimize the terminal value of SOL.
solana needs BAM to strengthen the long term prospects of SOL and beat hyperliquid, base, and now robinhood chain.
but thats not all... we are building @jtx_trade to deliver the best possible trading experience in crypto, so that blocks arent memories of 2024... so that theyre eternally filled with valuable block space.
BAMtardio.
$JitoSOL is now supported on Aura by Hex Trust.
Simple access for accredited individuals, backed by a dedicated relationship manager and institutional-grade custody infrastructure trusted by corporates & financial institutions.
SGP 2 (disinflation) would have failed without JitoSOL overriding validator stake. Thanks to all who spent months building these features and to all JitoSOL holders who participated. Stakers should make these decisions
With Solana reducing slot times to 300ms, the IBRL Slot Time Score methodology will be updated accordingly.
Perfect score thresholds will now be:
Continuation slots: ≤320ms
Handoff slots: ≤500ms
The updated methodology will apply starting epoch 1024.