Question 1

What is Jito?

Accepted Answer

Jito is a significant project within the Solana blockchain ecosystem, known for its governance token, JTO. The Jito Network, facilitated by the Jito Foundation, is primarily focused on enhancing the efficiency and effectiveness of blockchain operations within Solana. It includes initiatives like JitoSOL, a prominent Liquid Staking Token (LST), and a MEV (Maximal Extractable Value) network that contributes significantly to Solana's network-stake weight.

Question 2

Who Created Jito?

Accepted Answer

The Jito Foundation, a collective committed to the improvement and advancement of the Solana ecosystem, is the driving force behind Jito. It is led by independent Directors Matt Shaw and Glenn Kennedy, with support from FFP Corporate Services and Webslinger, an advisory firm. The foundation plays a crucial role in organizing and coordinating decisions from the Jito token holder community, aligning with the broader goals of enhancing the Solana network and staking economy.

Question 3

How Do You Use Jito?

Accepted Answer

Jito is used primarily for governance within the Jito Network. Holders of the JTO token can participate in key decision-making processes, influencing various aspects of the network such as fee settings for the JitoSOL stake pool, management of the treasury, and development of Jito’s protocols and products. Additionally, Jito tokens are involved in ecosystem development initiatives, investor support, and rewarding core contributors to the Jito Network.

Question 4

Why Does Jito Have Value?

Accepted Answer

The value of Jito lies in its integral role in the Solana ecosystem and its focus on community-driven governance. The network has achieved substantial growth, evident in the high Total Value Locked (TVL) in JitoSOL and its influence over a significant portion of the network-stake weight in Solana. The JTO token’s utility in governance and network development, along with its strategic distribution for community growth, ecosystem development, and rewarding contributors, underpins its value. Furthermore, the democratic and transparent approach of the Jito Foundation in decision-making adds to Jito’s credibility and potential for future growth within the blockchain space.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	JTO-USDT JTOUSDT	binance	AA	0.4556USDT	-6,39%	2.817.915,90JTO	21.420	0.4867USDT	0.4885USDT
2	JTO-USDT JTO-USDT	okex	A	0.4555USDT	-6,39%	2.133.697,20JTO	13.970	0.4866USDT	0.4886USDT
3	JTO-USDT JTO_USDT	whitebit	BB	0.4556USDT	-6,47%	1.647.517,40JTO	12.868	0.4871USDT	0.4884USDT
4	JTO-USD JTO-USD	coinbase	AA	0.4552USD	-6,34%	1.114.753,40JTO	7.548	0.4860USD	0.4879USD
5	JTO-USDC JTO_USDC	gateio	A	0.4549USDC	-7,03%	899.470,24JTO	1.457	0.4893USDC	0.4893USDC
6	JTO-USDT JTOUSDT	bybit	A	0.4553USDT	-6,45%	577.025,80JTO	9.715	0.4867USDT	0.4883USDT
7	JTO-USDC JTOUSDC	binance	AA	0.4550USDC	-6,44%	429.186,70JTO	2.162	0.4863USDC	0.4880USDC
8	JTO-USDT JTOUSDT_SPBL	bitget	BB	0.4555USDT	-6,35%	422.412,31JTO	2.337	0.4864USDT	0.4887USDT
9	JTO-EUR JTO_EUR	whitebit	BB	0.4058EUR	-6,78%	418.219,65JTO	1.421	0.4353EUR	0.4353EUR
10	JTO-USD jtousd	bitstamp	AA	0.4565USD	-6,06%	352.886,98JTO	613	0.4860USD	0.4864USD
11	JTO-TRY JTOTRY	binance	AA	22,56TRY	-6,12%	345.505,40JTO	1.333	24,03TRY	24,09TRY
12	JTO-USDC JTO_USDC	whitebit	BB	0.4558USDC	-6,37%	338.933,58JTO	1.280	0.4868USDC	0.4889USDC
13	JTO-USDT JTO_USDT	gateio	A	0.4553USDT	-6,41%	323.776,42JTO	3.846	0.4865USDT	0.4885USDT
14	JTO-USD JTOUSD	kraken	AA	0.4550USD	-6,35%	154.411,67JTO	1.275	0.4859USD	0.4878USD
15	JTO-USDC JTO-USDC	okex	A	0.4555USDC	-6,39%	125.956,22JTO	706	0.4866USDC	0.4875USDC
16	JTO-EUR JTOEUR	kraken	AA	0.4053EUR	-7,33%	14.950,58JTO	67	0.4374EUR	0.4374EUR
17	JTO-USDT JTO-USDT	kucoin	BB	0.4540USDT	-7,54%	11.983,15JTO	192	0.4910USDT	0.4910USDT
18	JTO-EUR JTO-EUR	okex	A	0.4013EUR	-8,59%	2.265,69JTO	28	0.4390EUR	0.4390EUR
19	JTO-EUR jtoeur	bitstamp	AA	0.4106EUR	-5,40%	2.055,94JTO	10	0.4340EUR	0.4340EUR
20	JTO-USD JTO_USD	cryptodotcom	AA	0.4546USD	-7,32%	1.385,20JTO	51	0.4905USD	0.4905USD
21	JTO-USDC JTOUSDC	bybit	A	0.4552USDC	-6,74%	1.186,90JTO	20	0.4881USDC	0.4881USDC
22	JTO-USD jtousd	gemini	A	0.4540USD	-6,39%	1.491,26JTO	11	0.4850USD	0.4850USD
23	JTO-USDT JTOUSDT	cexio	BB	0.4614USDT	-3,95%	62,42JTO	1	0.4804USDT	0.4804USDT
24	JTO-USD JTOUSD	cexio	BB	0.4533USD	-5,50%	42,71JTO	1	0.4797USD	0.4797USD
25	JTO-USDT jto_usdt	lbank	C	0.4555USDT	-6,41%	4.037.853,70JTO	83.592	0.4867USDT	0.4884USDT
26	JTO-KRW KRW-JTO	upbit	B	609,00KRW	-5,87%	2.653.326,86JTO	2.642	647,00KRW	649,00KRW
27	JTO-USDT sJTOUSDT	phemex	C	0.4564USDT	-6,36%	840.564,00JTO	5.848	0.4874USDT	0.4892USDT
28	JTO-USDT JTOUSDT	toobit	C	0.4554USDT	-6,43%	574.752,80JTO	15.555	0.4867USDT	0.4886USDT
29	JTO-USDT JTO_USDT	coinw	-	0.4552USDT	-6,45%	562.230,99JTO	2.763	0.4866USDT	0.4881USDT
30	JTO-KRW JTO_KRW	bithumbkorea	-	610,00KRW	-5,13%	502.827,70JTO	579	643,00KRW	643,00KRW
31	JTO-USDT jto_usdt	xtpub	-	0.4560USDT	-6,37%	422.587,90JTO	5.733	0.4870USDT	0.4890USDT
32	JTO-USD JTO-USD	btse	-	0.4557USD	-6,35%	401.848,82JTO	30.631	0.4866USD	0.4887USD
33	JTO-USDT JTO_USDT	bitunix	C	0.4557USDT	-6,31%	178.736,40JTO	9.905	0.4864USDT	0.4885USDT
34	JTO-USDT JTOUSDT	mexc	C	0.4556USDT	-6,39%	163.902,59JTO	3.073	0.4867USDT	0.4885USDT
35	JTO-USDT JTO-USDT	bingx	D	0.4551USDT	-6,36%	155.242,95JTO	9.162	0.4860USDT	0.4889USDT
36	JTO-USDC JTOUSDC	mexc	C	0.4548USDC	-6,34%	110.276,54JTO	2.975	0.4856USDC	0.4884USDC
37	JTO-TRY JTOTRY	btcturk	E	22,62TRY	-6,58%	99.749,40JTO	255	24,21TRY	24,21TRY
38	JTO-USDT JTOUSDT	latoken	D	0.4662USDT	-4,21%	94.666,64JTO	3.456	0.4867USDT	0.4884USDT
39	JTO-USDT JTO_USDT	cryptology	D	0.4550USDT	-6,47%	92.314,70JTO	1.447	0.4865USDT	0.4888USDT
40	JTO-USDC JTO_USDC	cryptology	D	0.4545USDC	-6,60%	91.239,80JTO	1.442	0.4866USDC	0.4883USDC
41	JTO-EUR JTO-EUR	bitvavo	B	0.4052EUR	-6,68%	86.682,18JTO	177	0.4342EUR	0.4342EUR
42	JTO-USDT JTOUSDT	btcturk	E	0.4538USDT	-7,50%	71.455,70JTO	78	0.4906USDT	0.4906USDT
43	JTO-USDT jto_usdt	digifinex	D	0.4551USDT	-6,51%	36.158,00JTO	7.098	0.4868USDT	0.4887USDT
44	JTO-USDT JTOUSDT	bitrue	D	0.4556USDT	-6,26%	18.263,40JTO	3.044	0.4860USDT	0.4885USDT
45	JTO-EUR JTOEUR	bit2me	B	0.4053EUR	-7,33%	14.950,58JTO	67	0.4374EUR	0.4374EUR
46	JTO-USDT JTO-USDT	btse	-	0.4561USDT	-6,46%	11.151,81JTO	1.846	0.4876USDT	0.4887USDT
47	JTO-USD JTOUSD	edxmarkets	C	0.4539USD	-6,84%	6.163,71JTO	10	0.4872USD	0.4872USD
48	JTO-USDT SPOT_JTO_USDT	woo	C	0.4710USDT	0,00%	0JTO	0	0.4710USDT	0.4710USDT
49	JTO-THB THB_JTO	bitkub	C	15,54THB	-3,96%	3.031,21JTO	11	16,18THB	16,18THB
50	JTO-USDC JTO_USDC	backpack	C	0.4544USDC	-7,28%	2.679,00JTO	153	0.4901USDC	0.4901USDC