The Rise of Proof Staking on Solana

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The lst market on solana in terms of like percentage of supply staked is a lot lower than that that you see in a lot of other proof stake ecosystems. i think the defi ecosystem on solana is like a little less mature than ethereum is so i think um that's kind of why it's like so successful on e Ethereum compared to solana. There hasn't really been like a team or messaging that is really like nailed it on solana but i think we're starting to see that stuff really pick up now yeah.

Lucas Bruder (Baffalu), Co-founder & CEO of Jito Labs, joins us this week to dive into their flagship Liquid Staking product JitoSol. Dan and Sam explore Solana MEV, liquid staking, validator decentralization and Solana's DeFi future.

And as usual, we start the episode with our analyst bullpen joined by Blockworks researchers Ren and Pibblez to discuss why Arkham's token has not been received well, Stargate V2 sybil volume, dYdX MEV stance, and Ethereum staking.

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Timestamps:

(00:00) Introduction

(01:21) Hot Seat & Cool Throne

(29:11) Interview Start: Lucas Bruder

(29:33) What is Jito Labs & Solana MEV

(37:11) TLDR on Solana-Jito Client

(41:11) Validator Set & Decentralization

(46:23) JistoSol & Liquid Staking

(55:52) How does JitoSol Dominate Market Share?

(1:05:27) Solana Innovation Moving Forward

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Resources:

Jito Labs

https://www.jito.wtf/

https://explorer.jito.wtf/

https://www.jito.network/

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.