#Switchboard's First Solana Staking Integration#

60
2
Posts
Hot Topic Details

Hot Topic Overview

Overview

Switchboard is set to become the first blockchain oracle network to integrate with Solana's staking platform, Jito. With nearly 70% of SOL staked on Solana, this partnership unlocks a $760 billion market opportunity for Switchboard. As a growing re-staking platform on Solana, Jito offers users the ability to reinvest their SOL staking rewards. Switchboard, as the leading oracle network on Solana, will leverage Jito's platform to provide its users with a wider range of services and functionalities.

Ace Hot Topic Analysis

小 A

Analysis

Switchboard Protocol will become the first Solana oracle network to integrate with Jito's burgeoning re-staking platform. Jito aims to provide a decentralized re-staking platform for the Solana ecosystem, enabling users to stake their SOL into Jito’s smart contracts to earn higher yields. With nearly 70% of outstanding SOL staked, Solana re-staking represents a $76 billion market opportunity. Switchboard's integration will bring more users and liquidity to the Jito platform and provide a stronger oracle service to the Solana ecosystem. As the leading oracle network on Solana, Switchboard's integration with Jito will bring more value to the Solana ecosystem and further drive the growth of the Solana re-staking market.

Related Currencies

Public Sentiment

100%
0%

Discussion Word Cloud

Classic Views

Switchboard will be the first Solana oracle network to integrate with the Jito restaking platform.

1

Jito's restaking platform represents a huge market opportunity, as nearly 70% of outstanding SOL is staked.

2

Switchboard's integration will bring new value and functionality to the Solana ecosystem.

3

Jito's restaking platform will provide more earning opportunities for Solana stakers.

4