Golden Finance reported that according to Lookonchain monitoring, a Whale with a profit of about $87 million sold 92,000 SOL (worth $14.58 million) in the past 2 hours. Since November 1, the Whale has sold 357,070 SOL (58.54 million US dollars) and currently holds 52,089 JitoSOL (9.46 million US dollars) and 126,548 SOL (20.05 million US dollars).

Golden Finance reported that Jito DAO is discussing whether to change the delegation management of its $1.76 billion Solana staking pool from Jito Labs to the new software StakeNet. Currently, this proposal is still in the discussion phase. Jito's staking pool holds approximately 10.6 million Solana, and users can obtain JitoSOL tokens, which can be used for DeFi, through this staking pool. The StakeNet software developed by Jito Labs aims to automate the delegation of JitoSOL and increase decentralization. JitoSOL's product has rapidly expanded, occupying about 45% of the Solana liquid staking token market share, compared to less than 5% when FTX collapsed in November 2022. Blockworks Research analyst Hayden Tsutsui pointed out that currently only about 6% of Solana is staked in the form of liquid staking tokens, while the proportion of staked ETH is 38%.

Solana (SOL) - $172.71, Up 23.0 in the last 7 days Solana (SOL) is a platform blockchain that focuses on delivering fast, cheap, and scalable smart contract solutions. The network is powered by the SOL token which is used to interact and transact with the Solana blockchain. The chain has enjoyed recent popularity as the chain of choice to launch meme coins Several large-cap crypto assets enjoyed strong gains in the last week. Solana’s double-digit surge may have been driven by the launch of Solayer, a product akin to the enormously popular Ethereum security solution the EigenLayer. Solayer, like EigenLayer, will give SOL liquid stakers holding tokens like mSOL, bSOL, JITOSOL a way to boost their staking yields by re-staking and offering their stakes to a shared security layer. #solana

Odaily Planet Daily News Solana Restaking protocol Solayer launched a deposit trial on May 17, with a total limit of 20 million US dollars. Users can deposit assets such as mSOL, bSOL, JITOSOL, etc. According to Solayer, the deposit limit was reached within 45 minutes after the trial launch. (BlockWorks)

Kamino announced on the X platform that KMNO Liquidity is now live. Kamino will launch a flagship treasury called "KMNO-JitoSOL" for stake services on Solana blockchain. The treasury is expected to receive 500,000 KMNO and 20,000 JTO next month.

According to official data, the W-JitoSOL liquidity vault on the Kamino platform is capped at $7.5 million, and the current TVL is $4.95 million, with a 7D fees APY of over 999%. The liquidity vault provides participants with a total of 3,300 W and 666.67 JTO per day. In the last 24 hours, the pool has traded $6.41 million and generated more than $17,000 in fees. Yesterday, the Solana ecological lending protocol Kamino posted on the X platform that W has been launched in the Kamino Lend sector, and users can earn Kamino Season 2 points rewards by depositing W tokens.

According to Golden Finance, the Solana ecosystem protocol Kamino announced that it will raise the JitoSOL Vault cap to $27.5 million again.

According to Golden Finance, the Solana ecosystem protocol Kamino announced that it will raise the JitoSOL Vault cap to $20 million again.

Odaily Planet Daily News Solana ecological MEV infrastructure developer Jito Labs posted on the X platform that the JTO airdrop application window will open at 0:00 on December 8, and any eligible airdrop recipient can claim JTO tokens within 18 months (starting from the token generation date), and the token contract address is: jtojtomepa8beP8AuQc6eXt5FriJwfFMwQx2v2f9mCL. According to reports, JTO can be used for governance as well as the Solana ecological DeFi platform. It is reported that the total amount of JTO is 1 billion, of which 100 million JTO (10%) will be retroactively airdropped to the community, including 15% (15 million) allocated to Jito-Solana validators, 5% (5 million) allocated to Jito MEV searchers, and 80% (80 million) allocated to JitoSOL users (holding at least 100 points before November 25, 2023).

PANews reported on December 7 that Jito Labs, a developer of Solana's ecological MEV infrastructure, tweeted that the JTO airdrop collection window will open at 0:00 Beijing time on December 8 (token generation date). Any eligible airdrop recipient can claim JTO tokens for 18 months from the token generation date. It is reported that the total supply of JTO tokens is 1 billion, of which 10% will be airdropped to Jito community members. Of the airdrop shares, 15% will be distributed to Jito-Solana validators, 5% will be allocated to Jito MEV searchers (who must accumulate at least 1 SOL between 366 and 536 epochs), and 80% will be distributed to JitoSOL users (who hold at least 100 points before November 25, 2023, which is expected to be 9,852 unique addresses), with a snapshot from January 1, 2023 to November 25, 2023.

PANew reported on December 5 that Jito Labs, a developer of Solana's ecological MEV infrastructure, issued an article introducing the airdrop qualifications and distribution specifications of its governance token JTO, of which 10% of the airdrop shares (100 million), 15% (15 million) are allocated to Jito-Solana validators, 5% (5 million) are allocated to Jito MEV searchers (must accumulate at least 1 SOL between 366 and 536 epochs); 80% (80 million) distributed to JitoSOL users (holding at least 100 points before November 25, 2023, estimated to be 9,852 unique addresses), with a snapshot from January 1, 2023 to November 25, 2023. At present, users can verify the eligibility of their Solana wallet address, and after the airdrop is launched, they can start the JTO token claim process on the official website. All claimable JTO tokens are valid for 18 months from the token generation date. Thereafter, unclaimed tokens will be transferred to the Realms wallet in the DAO vault without permission. In addition, all former and current core contributors are not included in the JTO airdrop, this includes any core contributor wallets that hold JitoSOL, any validators run by core contributors, and any canary searchers run by core contributors (core contributors do not participate in MEV). Previously, in August last year, Jito Labs closed a $10 million Series A funding round led by Multicoin Capital and Framework Ventures.

On December 5, it was reported that Jito Labs, a developer of Solana's ecological MEV infrastructure, issued an article introducing the airdrop eligibility and allocation specifications, of which 10% of the airdrop shares (100 million), 15% (15 million) are allocated to Jito-Solana validators, 5% (5 million) are allocated to Jito MEV searchers, and 80% (80 million) are allocated to JitoSOL users (holding at least 100 points before November 25, 2023). At present, users can verify the eligibility of their Solana wallet address, and after the airdrop is launched, they can start the JTO token claim process on the official website. In addition, all former and current core contributors are not included in the JTO airdrop, this includes any core contributor wallets that hold JitoSOL, any validators run by core contributors, and any canary searchers run by core contributors (core contributors do not participate in MEV).

The Jito Foundation, an organization that supports Solana-based liquid staking protocols, is launching a governance token that will be used to help manage the Jito network. Jito Labs builds infrastructure designed to mitigate the negative effects of MEV on Solana. By launching the token, the Jito Foundation seeks to empower "community members to directly influence the decision-making and direction of the Jito network," the group said in a statement. Last month, the Solana Foundation said that nearly a third of staking is going through the Jito Labs client. In Monday's announcement, the Jito Foundation said that the Jito MEV validator network is now "utilized by more than 40% of the staking weight of the Solana network." To organize the way the network is managed, a total of 1 billion JTO tokens were created, including fees for setting up the JitoSOL staking pool, as well as overseeing revenue and the DAO treasury. Initially, there will be 115 million JTO tokens in circulation. Approximately 34% of the token is reserved for community growth, 25% for ecosystem development, 24.5% for core contributors, and 16% for investors. （The Block）

PANews reported on November 28 that, according to The Block, Jito, a Solana ecological liquidity staking protocol, announced the launch of the governance token JTO, which aims to enable "community members to directly influence the decision-making and direction of Jito Network". Holders can participate in setting JitoSOL stake pool fees, managing JitoSOL's revenue, and DAO vaults. The total supply of JTO tokens is 1 billion, and 115 million JTO will initially be put into circulation. About 34% of the tokens will be used for community growth, 25% for ecosystem development, 24.5% for core contributors, 16% for investors, and 10% will be "airdropped to Jito community members". It is reported that Jito Labs' investors include Solana Ventures and Solana Labs co-founder Anatoly Yakovenko. Last year, the company closed a $10 million Series A funding round.

On November 28, according to official news, Jito, a Solana ecological liquidity staking protocol, announced the launch of the governance token JTO. JTO will be used for community governance, and holders can participate in setting fees for the JitoSOL stake pool, updating delegation strategies by controlling StakeNet parameters, managing the DAO treasury of JTO tokens and JitoSOL's revenue, and contributing to the enhancement of Jito Network. The total amount of JTO is 1 billion, of which 10% will be retroactively airdropped to the community.