September 14, 2023 • 2 minute reading time

Introducing Jito Points: Powering the Jito Ecosystem

Jito Foundation
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Solana HFT

Note: The Jito Points program has ended and points will no longer be updated

Overview

We are thrilled to announce that Jito Points are now live! You can start earning points immediately by visiting the Jito staking page. Jito Points are designed to quantify and reward your contributions to the ever-growing JitoSOL ecosystem.

You can earn points through holding JitoSOL, participating in DeFi activities, making referrals, and more. The math is simple, transparent, and designed to benefit everyone from long-term holders to active DeFi users.

How to Earn Points

Holding JitoSOL

For those of you holding onto JitoSOL, your faith in the ecosystem will be rewarded. Every JitoSOL in your wallet accumulates 1 point per day. The points will be calculated based on a snapshot of your JitoSOL holdings, starting from Jan 1, 2023.

For example, holding 100 JitoSOL will earn you 100 points each day, and the longer you hold, the more you accumulate.

DeFi Activities with JitoSOL

If you're an active participant in the DeFi world, your engagement will also earn you extra points. For those lending your JitoSOL you will collect 1.5 points per JitoSOL per day. You can earn 1.5 points per JitoSOL for providing liquidity in any JitoSOL/xSOL pairs, 2.5 points for JitoSOL/SOL LP’s, and 3.5 points for JitoSOL/USDC (and other volatile pairs such as JitoSOL/UXD and JitoSTOL/stETH).

We are only tracking DeFi platforms with an aggregate TVL that is greater than a minimum threshold that ensures meaningful liquidity on the platform. As such we are currently tracking:

  • Orca
  • Raydium
  • Kamino
  • Marginfi
  • Meteora
  • Drift
  • Solend

Please reach out to us if you believe we should add a protocol that is missing from our list.

Referrals

For our community builders out there, we haven’t forgotten you. Refer a friend to join the JitoSOL ecosystem, and you'll gain 10% of the points they earn.

For example, if your referee earns 100 points, you get 10 points.

Getting Started

If you are new to JitoSOL, the best way to start earning points is by initially minting JitoSOL at https://www.jito.network/staking/. To further enhance your point earnings, consider adding liquidity through one of the supported decentralized exchanges for a 2x points boost. Additionally, by depositing your JitoSOL into marginfi, you can earn 1.5x JitoSOL points as well as marginfi points!

As always, please do your own research and understand the risks associated with any DeFi protocols.

Why Jito Points Matter

Jito Points are not just numbers; they represent your stake and contributions to the Jito community. These points will be redeemable for exclusive future benefits. Start earning today!


You can read more about the Points Program Terms and Conditions on our website.