On November 5th, Kamino, a Solana ecosystem DeFi protocol, said in a post on X that it has introduced a new Jito market in Kamino Lend to promote the development of JitoSOL. The Jito market is providing support for Kamino's first 10x Multiply Vault, which is now available in the application. In addition, SOL deposit users can get 8,000 JTO incentives in the new market every week.
According to Kamino, JitoSOL accounts for more than 43% of the SOL LST market, with more than 14 million SOLs pledged, but only a small percentage of JitoSOL is actively deployed in DeFi.
Kamino Lend Introduces New Jito Market, Composed of JitoSOL and SOL Only
2024-11-05 04:52:31
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