Introduction to
Jito (Re)staking

Jito (Re)staking is a multi-asset staking protocol for Node Consensus Networks (NCNs) on Solana. It allows users to stake various SPL assets, receive liquid Vault Receipt Tokens (VRTs), and earn rewards from multiple networks. By combining the benefits of liquid staking with the flexibility of supporting various NCNs, Jito (Re)staking aims to enhance capital efficiency and create new opportunities in the Solana ecosystem.

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What are VRTs

VRTs are liquid representations of assets deposited into Jito (Re)staking vaults. They allow users to maintain liquidity while their underlying assets are staked, enabling participation in DeFi activities. VRTs can be traded, used as collateral, or redeemed for the original assets.

What are VRTs
Understanding NCNs

Understanding NCNs

NCNs are decentralized networks that leverage staked assets to secure and validate various on-chain activities. In the Jito (Re)staking ecosystem, NCNs can utilize the economic security provided by staked assets to power their operations, potentially generating rewards for stakers.

Who are the Node Operators?

Node Operators (NOs) play a crucial role in the Jito (Re)staking ecosystem. These are entities that run and maintain the infrastructure necessary to support NCNs. NOs are responsible for validating transactions, maintaining network security, and ensuring the smooth operation of their respective NCNs.

Who are the Node Operators?

Watch how (Re)staking
works in four simple steps

FAQ

Getting Started

Jito (Re)staking allows you to stake your assets across multiple networks simultaneously. Your staked assets provide security to these networks and earn rewards in return.

Currently you can stake JitoSOL, mSOL, and SOL. Additional assets will be supported as the network expands.

Rewards are generated through a combination of staking yields and potential additional rewards from NCNs. The exact reward structure may vary depending on the vault you decide to stake your assets to.

Deposits

Depositing your assets takes three steps:

  • Connect your wallet and choose where to stake
  • Select an asset to stake or pick a vault
  • Enter your deposit amount
  • Review and confirm the transaction

Your assets are stored securely in the vault, and you receive VRT tokens that represent your stake. These VRT tokens are used to track your position and handle withdrawals.

VRT tokens are your proof of deposit in the protocol. They represent your share of assets in the vault and are required for managing your position.

Your VRT tokens allow you to:

  • Track your position in the vault
  • Withdraw your assets when ready
  • Know your share of the total deposits

Withdrawals

The withdrawal process has three main steps:

  • Step 1: Start Withdrawal
  • Choose your withdrawal amount
  • This initiates a cooldown period
  • Step 2: Wait for Two-Epoch Cooldown
  • Your withdrawal will be ready after two epochs (approximately 4-5 days)
  • Step 3: Complete Withdrawal
  • Go to the In Withdrawal section of your (Re)staking dashboard
  • Find your withdrawal and click "Complete Withdrawal"
  • Your original staked assets will be returned to your wallet

Go to the "In Withdrawal" section of your dashboard. Here you can:

  • See withdrawal amounts
  • Check when they will be ready
  • Complete withdrawals when available

The protocol requires a two-epoch (approximately 4-5 days) cooldown period before completing withdrawals. This is a security feature that helps maintain system stability and protects all deposited assets.

Managing Your Position

Your dashboard shows all your active positions, including deposit amounts, earned rewards (if applicable), and any pending withdrawals.

You can add more assets anytime by making a new deposit to the same vault. This will automatically increase your VRT balance to reflect your larger position.

VRT tokens represent your stake in the vault. Your VRT tokens can be:

  • Held to maintain your (Re)staking position
  • Used in supported DeFi applications
  • Transferred between wallets
  • Burned to withdraw your original assets

Technical Details

Node Consensus Networks (NCNs) are services that provide blockchain infrastructure such as validators, oracles, bridges, and L2s. They use staking mechanisms to ensure network security.

Node Operators manage infrastructure for Node Consensus Networks (NCNs). Through restaking, operators can choose to support multiple networks and vault managers.

Slashing is a security feature that may reduce staked assets if operators fail to follow network rules. This helps ensure the network remains secure and operators maintain good behavior.