How to stake with Jito Staked SOL (JitoSOL)

Jito staked SOL, or JitoSOL, can boost your rewards by up to 15%. Follow these steps to convert your existing SOL to JitoSOL and start earning today.

Steps to Convert SOL to JitoSOL

Open your Phantom extension or the mobile app and select "Solana" on the wallet homepage.

If You Have Existing Stakes

1. Click on the "Your stake" option to proceed.
2. You will see an option to convert your existing stakes to JitoSOL.
3. Click on "Convert to JitoSOL" and choose the stake you want to convert.
4. A confirmation screen will show the amount of JitoSOL you will receive.
5. Select "Convert".

If You Don't Have Existing Stakes

1. Click on "Start earning SOL".
2. You will be given two options: Liquid staking (recommended) or native staking.
3. Choose Liquid staking to convert your SOL to JitoSOL.
4. The confirmation screen will display the amount of JitoSOL you will receive.

Once you have converted your SOL to JitoSOL, you will see them on your wallet homepage along with other tokens. You will earn rewards just by holding JitoSOL in your wallet and also have the flexibility to use JitoSOL with various DeFi protocols. Learn more about it here.

FAQ:

1. 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.

    

2. 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.

3. 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.

4. How to know the profit or rewards from JitoSOL staking?

   Unlike traditional staking, Jito Staked SOL (JitoSOL) is a liquid staking token (LST) operated by Jito Network. When you stake your Solana (SOL) with Jito Network, you receive JitoSOL in return.

   Since JitoSOL is a liquid staking token, the rewards are reflected in the increasing value of each JitoSOL token. Check the current exchange rate between SOL and JitoSOL, as an increase in the value of JitoSOL compared to SOL means your accumulated staking rewards.You can also manage your stake accounts and view your rewards through the Jito Network Dashboard (https://www.jito.network/manage/). This platform allows you to see your active stakes, estimate your staking rewards, deactivate stakes, and withdraw your SOL tokens.

5. How to unstake JitoSOL?

   There are a couple of ways you can do this:

   • On Jito website: Select "JitoSOL" > Click on the three-dotted option (...) > Select "Unstake". This should take you to the Jito website where you can connect your wallet and unstake.

   • Swap: Simply head over to our in-app swapper and swap them for SOL or any other token to instantly unstake.

If you have any questions or concerns, please feel free to reach out to our support team.