Frequently Asked Questions
What is Jito Network?Read More
Jito Network is a major contributor to the Solana ecosystem through its JitoSOL liquid staking pool, and its collection of MEV products.
Users can exchange their SOL for JitoSOL. In return, holders maintain SOL’s liquidity and DeFi opportunities while earning yield from staking. JitoSOL uniquely provides its holders with additional rewards from transaction revenue associated with MEV extraction on Solana.
Maximum extractable value (MEV) describes profit opportunities attributable to the specific order of transaction execution. For example, a large swap on Orca can lower the pool’s price below that of Raydium or Serum. Traders will race to profit from that price difference and this arbitrage is considered MEV.
The Jito Foundation was created to minimize the negative impacts of MEV, equitably distribute the profits and increase transparency. Jito published an open source validator client designed to create a competitive market for MEV extraction. The client enables auctions within each block for the opportunity to capture that block’s MEV. Traders submit bids, and the highest bidders within each block can harvest available MEV.
What is JTO?Read More
JTO enables token holders to make key decisions to shape the future of Jito Network so that it continues to evolve and thrive in alignment with the needs of those it serves, and of the broader Solana ecosystem. These decisions and initiatives may include:
- Setting fees of the JitoSOL stake pool
- Updating delegation strategies by controlling parameters of the StakeNet programs
- Managing the treasury of JTO tokens held by the DAO and fees generated from JitoSOL
- Contributing to the ongoing development and improvement of Jito’s protocols and products
What is the all-time high price of Jito (JTO)?Read More
The all-time high of JTO was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Jito (JTO) is 0. The current price of JTO is down 0% from its all-time high.
How much Jito (JTO) is there in circulation?Read More
, there is currently 117.20M JTO in circulation. JTO has a maximum supply of 1.00Bn.
What is the market cap of Jito (JTO)?Read More
The current market cap of JTO is 249.44M. It is calculated by multiplying the current supply of JTO by its real-time market price of 2.13.
What is the all-time low price of Jito (JTO)?Read More
The all-time low of JTO was 0
, from which the coin is now up 0%. The all-time low price of Jito (JTO) is 0. The current price of JTO is up 0% from its all-time low.
Is Jito (JTO) a good investment?Read More
Jito (JTO) has a market capitalization of $249.44M and is ranked #241 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Jito (JTO) price trends and patterns to find the best time to purchase JTO.