Very excited to announce @a16zcrypto $50M strategic investment in Jito!
Time to accelerate BAM, our contributions to the core Solana protocol, and future products focused on making Solana the best execution layer in crypto.
EXCLUSIVE: Jito has unveiled a block assembly marketplace, which aims to limit negative MEV, make Solana suitable for perps, and let apps share revenue with tokenholders
https://t.co/jQWX9S3bBc
Last week, @RebeccaRettig1 and I took a trip to DC. We had a few meetings, one of which was with the Crypto Task Force on February 5.
We were the first industry team to meet with the Crypto Task Force. Going to the SEC on our own terms felt weirdly right 😂
link to memo below
1. Announcing Jito Restaking: A Next-Gen Infrastructure Platform
The Jito Foundation is excited to release the code for Jito Restaking, a hybrid staking, restaking, and LRT module. 🤝
Wtf is that? Lets dive in. ↓
Liquid staking is good for the S◎L
It helps you:
🤑 Earn more rewards
💧 Maintain liquidity
💪 Secure and strengthen @Solana
And to make it easier than ever, we teamed up with @jito_sol so you can convert your natively staked SOL to JitoSOL right from your wallet.
Jito just passed 10M $SOL staked and is now the top spot on @solana by TVL.
Shout out to our community and all the other teams that stuck around through the bear. We see you.
accelerate 🤝