April 11, 2023 • 2 minute reading time

Jito Staking xNFT Launch

Jito Foundation
Twitter
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Solana HFT

Introducing the Jito Staking xNFT on Backpack!

We’re excited to announce that the Jito Staking xNFT is live, and you can now download it in your Backpack wallet! Holders of JitoSOL will now be able to more easily view and manage their staking positions directly through their Backpack wallet.

Let’s take a deeper look at what this means!

What’s an xNFT?

xNFTs are tokenized code which represent ownership rights over the code’s “eXecution”. You can think of them like the apps in an iPhone! Just like an iPhone app, xNFTs provide easy and secure access for Web3 participation. xNFTs are the “standard breaking standard” which will give users of the Jito xNFT the ability to natively manage their stake directly from the Backpack wallet.

Jito app in the xNFT library

How to Get the Jito xNFT

  1. With Backpack installed and set up, head over to the Jito Staking page in the xNFT Library and connect your wallet
  2. Click the free download button (you will just pay a fraction of a penny for transaction fees)
  3. That’s it! You’re now setup with the premier xNFT for stake management on Solana!
Interface for staking and managing other staked assets.

Jito Staking Features

With the Jito Staking xNFT installed, you will now be able to manage your SOL staking positions directly from the Backpack wallet!

A few key features include:

  • The ability to stake your SOL with JitoSOL to earn MEV rewards in addition to staking rewards
  • Manage your individual Solana stake accounts
  • Convert existing Solana stake accounts or other liquid staking tokens to JitoSOL

We hope you all enjoy the Jito Staking xNFT! For more information on JitoSOL follow us on Twitter, and join our Discord with the links below!

App Download: link

Website: https://www.jito.network/

Twitter: https://twitter.com/jito_sol

Discord: https://discord.gg/jito