August 8, 2024 • 1 minute reading time

Switchboard Announces Jito (Re)staking Integration

Jito Foundation
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Solana HFT

We're thrilled to announce that Switchboard, a leading DeFi oracle on Solana, is the first Node Consensus Network (NCN) planning to integrate with Jito's new restaking platform. 

Switchboard will leverage Jito (Re)staking's multi-tiered slashing and customizable staking parameters to enhance their economic security and improve the performance of their data feeds, helping to secure Solana DeFi. 

This partnership marks an exciting milestone. By combining Switchboard's on-demand oracle capabilities with the Jito Network’s restaking infrastructure, Jito (Re)staking is showcasing the potential for deep, high-impact restaking use cases across the Solana ecosystem.

Projects interested in building on the Jito (Re)staking platform are encouraged to contact us through this form. This includes NCNs, VRTs and node operators.

About Jito (Re)staking:

Jito (Re)staking is a multi-asset staking protocol for Node Consensus Networks. The protocol tokenizes staked assets as Vault Receipt Tokens for enhanced liquidity and composability. Node consensus networks can use Jito (Re)staking to easily customize staking parameters, slashing conditions, and economic incentives to tailor their security and tokenomics.

About Switchboard

Switchboard is a decentralized, community curated oracle network built with the goal of making all data, on-chain and off-chain, easily accessible for developers. Combined with Solana's low transaction fees and high throughput, Switchboard unlocks new use cases around DeFi, NFTs and Gaming.