As described in JIP-16, the Jito DAO voted to extend the TipRouter NCN to distribute priority fees (commonly referred to as block rewards). Today, we are excited to announce a live upgrade to TipRouter that allows Solana validators to distribute priority fees to their stakers, unlocking a significant rewards stream for stakers, maintaining economic alignment with validators, and standardizing a crucial component of Solana economics. The upgrade is now live, and validators can share priority fees

Introduction What a joyful June it was. 6 months into the year, JitoSOL Total Value Locked has increased from approximately 14.5M to 17.87M SOL, while Jito (Re)staking TVL reached $369.2M and TipRouter has processed approx. $789k in protocol rewards. Meanwhile, just in the last month, the team published the "JitoSOL and ETFs" article, new protocol announcements, sponsored event with the LA Mad Drops pickleball team in San Clemente, and much more! Let’s dive in. June Highlights * Latest “Jit

Anchorage Digital, home to the only federally chartered crypto bank in the United States, has expanded its support for JitoSOL. Institutional clients can now custody, mint, and redeem JitoSOL end-to-end inside the Anchorage platform, with the same workflow rolling out soon to Porto, Anchorage’s self-custody wallet. Why this matters * The entire user experience is in one streamlined venue: Custody, mint, and redeem activities all happen behind Anchorage’s HSM-secured walls; no more shuttling

Since the launch of SPY over 30 years ago, the invention of exchange traded products (broadly and colloquially referred to as ETFs) has ranked as one of the most impactful innovations in financial markets. ETFs represent a paradigm shift in the way passive investment works and have introduced a wide range of benefits across all market participants. Their flexible construction has encouraged further innovation based on new strategies, structures and asset classes, including digital assets. The s

Introduction May finished off strong with several JitoSOL exchange listings, incentive announcements, Labs and Foundation team presence at Solana Accelerate in NYC, and a much-needed Midcurve video recap. Let’s dive in! May Highlights * JitoSOL Staking Tax Memorandum * Second Jito DAO Roundtable * JitoSOL CEX Listings * Ecosystem Announcements * Midcurve at Accelerate * In The Media JitoSOL On May 22nd, the Jito Foundation released a second legal analysis relating to JitoSOL and the

The Jito Foundation is proud to release a second legal analysis relating to JitoSOL and the Jito Stake Pool – this time around how and when certain activities relating to liquid staking may be subject to U.S. tax laws. As laid out in the "Analysis of the Jito Stake Pool," authored by partners David Forst and Sean McElroy and associate Matthew Dimon of the law firm Fenwick & West, minting & redeeming LSTs is not a taxable event and staking rewards, as newly-created property, should not be taxed

Introduction Welcome back to the April Monthly Roundup, with another packed agenda, a new CCO, co-marketing announcements, new Midcurve episodes, and more! If you would like to see your content featured in the Community Spotlight section at the end, remember to tag the @jito_sol account on X when posting.  Let’s jump right into it!  April Highlights * Chief Commercial Officer Appointed At The Jito Foundation  * Los Angeles Mad Drops Major League Pickleball Team Partnership * Jito Merch

Introduction Welcome back to another Monthly Roundup, covering a jam-packed March, filled with incentive campaigns, announcements, conferences, and lots of building! Let’s get straight into it. March Highlights * JitoSOL Securities Classification Report * Jito Europa Launch * Ecosystem Announcements * Governance * Midcurve Interviews * Community Spotlight on X JitoSOL Securities Classification Report On March 18th, the Jito Foundation published the JitoSOL Securities Classification

Today, the Jito Foundation is proud to publish the JitoSOL Securities Classification Report, a first-of-its-kind analysis of the technology behind a specific liquid staking token (“LST”) — JitoSOL — and why it does not constitute a security under the U.S. federal securities laws. We believe that transparent and clear disclosure is an important step to bringing greater confidence to the crypto markets, and will allow for greater innovation in the long term. We look forward to dialogue around the

Introduction This monthly roundup covers all February announcements including a look into TipRouter one month post-launch, The Grid Hackathon winners, new Jito Cabal Telegram Game, and much more! Interested in having your posts featured in the Community Spotlight section in this blog? Make sure to tag @jito_sol when sharing your content on X.  February Highlights * TipRouter NCN Update * The Grid Hackathon * Ecosystem Announcements * New Governance Proposal * Jito Cabal Telegram Game

Does restaking even make sense on Solana? This post aims to be the definitive answer to that question. Restaking is an exciting primitive for blockchain networks that allows staked assets to serve as economic security for multiple systems at once, ultimately enhancing both security and capital efficiency.  While “Shared Security” has been a concept in blockchain architecture for a number of years, the term “Restaking” was pioneered by Ethereum-native protocol Eigenlayer, and as such, Ethereum

Introduction What a start to the new year! Truth is, not sure what else to write other than an incoming president launched a memecoin on Solana. What a time to be alive. This monthly update covers all of January’s announcements including the long awaited TipRouter NCN launch and opening of Jito (Re)staking deposits, to name a few.  Let’s dive in anon. January Highlights * TipRouter NCN * Jito (Re)staking Deposits Opening  * Ecosystem Announcements * Governance Votes & Discussion * Inte

Introduction How does Solana distribute billions in real economic value (REV)?  Throughout the course of 2024, Solana’s on-chain activity soared, and the fees the chain generated spiked in turn. According to analysis from Blockworks, in Q4 2024 Solana even managed to eclipse Ethereum in terms of REV with $1.4 billion in tips and fees generated, and heading into 2025 Solana sits comfortably as the leading blockchain ecosystem for capturing value on user activity.  But where does all that val

The industry veteran will oversee legal, compliance, and policy strategy for Solana’s premier blockchain infrastructure developer January 16, 2025 – Jito Labs, one of the teams supporting the development of the Jito ecosystem, today announced the appointment of Rebecca Rettig as its Chief Legal Officer, effective January 20, 2025. In her new role, Rettig will oversee all legal, compliance, and policy matters at Jito Labs as it scales its products and its work in the broader Jito and Solana ecos

The Jito x Superteam Hackathon is here—a stage for builders, dreamers, and doers to tackle some of the most exciting challenges in the Solana ecosystem. It's a chance to shape Solana's infrastructure through Jito's cutting-edge tech. Whether you're a seasoned developer or a creative problem-solver, there are countless opportunities to make your mark. This blog post outlines ideas that can inspire your next groundbreaking project. Here's a look at some ideas to explore and make your mark. (Re)