Some validator has a Jito label on the upper right corner of validator card. Hovering my mouse over shows a popup message saying Jito Commission: 8%.

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Is it still advisable to stake on these Jito validators? - Assuming choosing validators with the high StaeWiz score.

  • cogent_crypto@alien.topBEnglish
    1·
    11 months ago

    Jito means they are running the Jito Labs Solana Client. The Jito client has been designed to maximize MEV (Miner extractable value) which validators can choose to share with their stakers. This is where Jito commission comes in. At 8% it means that particular validator is sharing 92% MEV. At the moment MEV rewards are minimal but overtime as network usage increases, MEV will increase.

    Can read more about Jito MEV here: https://jito-foundation.gitbook.io/mev/solana-mev/jitos-mev-priorities

    In addition to the above, having another Solana client running amongst validators significantly reduces the risk of any network downtime from a software bug, as the likelihood of the same bug being in 2 different clients is extremely low. Firedancer is another Solana client which will further make the network more robust.