CandleFocus Jito (Re)staking to Open for Deposits on October 31
2024-10-29
Author: Content Editor
Jito, a liquid staking protocol on the Solana network, has announced the opening of its new staking service, Jito (Re)staking, on October 31, 2024. This service offers enhanced flexibility and rewards for Solana token holders, allowing them to earn rewards while maintaining access to their assets. By providing liquid staking options, Jito aims to encourage greater participation in staking, thereby promoting network security and decentralization. The launch of Jito (Re)staking further solidifies Solana's position as a leading blockchain platform and lowers entry barriers for new users. Increased staking participation supports the development of decentralized finance (DeFi) applications and decentralized applications (dApps) on Solana. Jito plans to introduce additional staking features and explore integration opportunities with DeFi protocols. The platform is committed to continuous improvement and fostering an active community.
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