Jito Launches Fuel Efficient Staking Program on Mainnet

Jito Launches Fuel Efficient Staking Program on Mainnet

Jito (JTO) Foundation, a Solana-based liquidity staking protocol, has announced the mainnet launch of its highly anticipated staking program, the StakeNet Steward Program. This move signifies a significant milestone for Jito, as it will see the project's staking pool managed by StakeNet, a renowned leader in the staking industry. The integration with StakeNet will provide numerous benefits to Jito and its community. By leveraging StakeNet's advanced infrastructure and expertise, Jito aims to enhance the security, transparency, and community-based governance of its staking program. This collaboration aligns with Jito's commitment to delivering a user-friendly and secure staking experience for its users. To participate in the staking program, users can delegate their JTO tokens to StakeNet's secure and reliable validator nodes. In return, they will earn rewards in the form of JTO tokens. The staking rewards are generated from transaction fees and inflation, providing a passive income stream for participants. The launch of the StakeNet Steward Program is a significant step forward for Jito, solidifying its position as a leading player in the Solana ecosystem for staking and liquidity provision. With StakeNet's support, Jito is well-positioned to provide users with a seamless and rewarding staking experience.