Jito Network is a major contributor to the #Solana ecosystem through its JitoSOL liquid staking pool, and its collection of MEV products.
JitoSOL is a liquid #Staking derivative that represents staked SOL. This means that users can stake their #SOL with Jito and receive JitoSOL in return. JitoSOL can then be used to trade, borrow, or lend on other DeFi platforms.
The Jito Foundation was created to minimize the negative impacts of MEV (Miner Extractable Value), equitably distribute the profits and increase transparency.
