Bitget, the world’s top cryptocurrency exchange and Web3 company, is excited to announce the addition of JTO tokens from the Jito liquid staking ecosystem built on the Solana blockchain to its platform. JTO governance tokens were recently airdropped to users. To add further utility, Bitget has listed the token on its platform, which will be available for trading on December 7th, 4 PM (UTC), and Spot Grid Trading will be available within 24 hours of the listing.
With its underlying blockchain, the Jito ecosystem solves the MEV concerns. Maximum Extractable Value (MEV) is the value that validators and network participants can extract from blockchains by re-ordering, adding, or censoring transactions. Jitos is constructing a high-performance infrastructure for Solana to facilitate liquid staking.
Jito Foundation provides a solution to MEV issues with the Jito-Solana validator client, which allows for more efficient MEV extraction and improved staker incentives. Solana users can contribute to a more efficient and healthy network while also optimizing their staking benefits by staking JitoSOL or selecting validators running Jito-Solana software.
Gracy Chen, Managing Director at Bitget, said, “The constant development in blockchain technology has emerged new solutions to solve a multitude of existing problems in the crypto space. Jito enables flexibility for DeFi users and provides liquidity to token holders. At Bitget, we’re providing an efficient platform to access high potential projects that are building next-gen crypto products.”
Being a major participant in the blockchain and cryptocurrency field, Bitget keeps growing the range of services it offers, delivering a variety of features and assets to meet the changing needs of its user base throughout the world.
Bitget has added a lot of new tokens to its list in the last year. The innovation zone supports high-potential ideas, ranging from various DeFi to AI and social platforms. With JTO included, Bitget’s 600+ token offers are even more enhanced, giving customers additional options for constructing dynamic and varied cryptocurrency portfolios.