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  3. /Jito
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defi

Jito

A liquid staking protocol on Solana that gives you JitoSOL when you stake your SOL, plus it captures MEV rewards for extra yield.

Definition

A liquid staking protocol on Solana that gives you JitoSOL when you stake your SOL, plus it captures MEV rewards for extra yield. Jito's block engine helps validators earn more by bundling transactions optimally. Their airdrop in December 2023 was one of the biggest Solana airdrops ever.

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Related Terms

Liquid Staking

Staking your crypto while still being able to use it in DeFi through a receipt token.

Solana

A high-speed Layer 1 blockchain known for cheap transactions and fast finality.

MEV (Maximal Extractable Value)

Profit that block producers can extract by reordering, inserting, or censoring transactions.

1inch

A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.

Aave

One of the biggest lending and borrowing protocols in DeFi.

Across Protocol

A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.

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