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While some crypto investors are all about speculating in crypto and carefully timing trades, others prefer the passive investments offered by systems such as Jito. This method has proven to be very popular. In the past few months, Jito has had an impressive amount of community growth. In addition to offering MEV-based staking rewards, Jito now owns its own crypto and runs its own decentralized autonomous organization (DAO). If you're interested in investing in Jito or working with their system, here's what you need to know.
Key Takeaways:
Jito is a Solana-based DeFi platform with a liquid staking protocol that uses both staking and MEV techniques to let community members earn money in exchange for temporarily locking their crypto tokens away.
Looking to trade Jito tokens? Bybit now offers the JTO/USDT Spot trading pair and JTOUSDT Perpetual contracts.
Jito is a Solana-based decentralized finance (DeFi) platform. Its liquid staking protocol uses both staking and maximum extractable value (MEV) techniques to let community members earn money in exchange for temporarily locking their crypto tokens.