#Switchboard Login to Jito Platform#
Hot Topic Overview
Overview
Switchboard Protocol, a Solana-based oracle network, will be the first project to launch on the Jito platform. Jito is a growing re-staking platform that aims to utilize the nearly 70% of un-staked SOL on the Solana network, representing a $76 billion market opportunity. The addition of Switchboard will bring more functionality and value to the Jito platform, and provide stronger oracle services for the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Switchboard will be the first Solana oracle network to launch on Jito's growing re-staking platform. With nearly 70% of outstanding SOL already staked, Solana re-staking represents a $76 billion market opportunity. This means Switchboard will be able to leverage Jito's platform to deliver safer, more reliable oracle services to its users. Jito's re-staking platform will allow users to stake their SOL to Switchboard and earn rewards accordingly. This will help Switchboard attract more users and improve the quality of its oracle services. In conclusion, the partnership between Switchboard and Jito will unlock new opportunities for the Solana ecosystem and drive its growth.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Switchboard will be the first Solana oracle network to launch on Jito's growing rehypothecation platform.
Solana's rehypothecation represents a $76 billion market opportunity.
The launch of Switchboard will bring new functionality and value to the Jito platform.
The addition of Switchboard will further drive the growth of the Solana ecosystem.