When staking with Jito Staked SOL (JitoSOL), you can earn rewards of up to 15%. Rates vary and change frequently. Follow these steps to convert your SOL to JitoSOL and begin earning rewards.
Stake JitoSOL in Phantom
Whether you have existing stakes or are new to staking, you always start with the SOL in your wallet.
- Open the Phantom app.
- Select the Explore tab in the lower-right corner.
- Search for "Jito Staked SOL" and open it.
- Select the More button.
- Select Stake.
- Enter the amount of SOL you want to stake, then select Next.
- Review the transaction details including how much JitoSOL you'll receive, and select Stake.
Once you convert your SOL to JitoSOL, the Jito Interceptor applies a 10-hour cooldown period before your deposit is finalized. During this time, your stake remains pending but continues to earn rewards. If you claim before the cooldown period expires, a fee will apply.
By holding JitoSOL in your wallet, you’ll automatically earn rewards and can also use it with various DeFi protocols. For more information, see LSTs vs Native Assets.
Unstake JitoSOL
You can unstake JitoSOL on Jito website or by swapping to SOL in Phantom.
Unstake JitoSOL on Jito website
- Open the Phantom app.
- On the Home tab, select Jito Staked SOL.
- Select the More button.
- Select Unstake. This brings you to the Jito Unstake page.
- Connect your wallet.
- Enter the amount of Jito Staked SOL you want to unstake. A 0.1%–0.3% unstaking fee may apply. Make sure you have enough SOL in your wallet to cover transaction fees.
- Select Unstake SOL, then review the transaction details and confirm the amount of SOL you'll receive.
- Confirm the conversion.
Unstake by swapping to SOL
Go to Phantom's in-app swapper and swap JitoSOL for SOL or any other token to instantly unstake.
FAQ
My stakes are ineligible, what should I do?
If your stakes are listed under ineligible stake accounts, it means they are not part of the Jito staking pool and cannot be converted to JitoSOL immediately. However, you can unstake them and then go through the staking process to convert them to JitoSOL.
Additionally, if your existing staked SOL is currently activating, your stake account will be ineligible. You need to wait for the process to complete (takes around 2-3 days). You can then check their eligibility to convert them into JitoSOL.
I just received JitoSOL. How do I start staking?
Just by holding JitoSOL. You will earn staking rewards simply by holding JitoSOL in your wallet.
Is JitoSOL safe?
Liquid staking makes sense for most people. While there are smart contract risks, JitoSOL is built on the stake pool program developed by Solana Labs, which has been audited nine times.
How to know the profit or rewards from JitoSOL staking?
Unlike traditional staking, JitoSOL is a liquid staking token (LST) issued by Jito Network. When you stake your Solana (SOL) with Jito, you receive JitoSOL in return.
How do I earn rewards?
JitoSOL staking rewards are not distributed as separate payouts. Instead, the value of each JitoSOL token gradually increases relative to SOL. Your rewards are automatically reflected in the exchange rate between SOL and JitoSOL.
To check your rewards:
- Monitor the exchange rate. If JitoSOL's value increases compared to SOL, your staking rewards have accumulated.
- Use the Jito network dashboard. Track your active stakes, estimated rewards, and available withdrawals here: Jito Network Management.
By holding JitoSOL, you continue earning staking rewards while maintaining liquidity—allowing you to use your tokens across various DeFi protocols.