Jito staked SOL, or JitoSOL, can boost your rewards by up to 15% (rates vary and change frequently). Follow these steps to convert your existing SOL to JitoSOL and start earning today.
How to convert SOL to JitoSOL
Whether you have existing stakes or are new to staking, you always start with the SOL in your wallet.
- Open your Phantom extension and click Solana in the wallet view.
- Click More, then click Mint JitoSOL to learn more and continue with your staking process.
- Enter the amount of SOL that you’d like to convert to JitoSOL.
- Click Next, then review the transaction details, and then confirm the amount of JitoSOL you’ll receive.
- Confirm the conversion by selecting Stake to complete the process and mint your JitoSOL.
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.
How to unstake your JitoSOL
You can unstake JitoSOL on Jito website or by swapping to SOL in Phantom.
How to unstake JitoSOL on Jito website
- In the Phantom browser extension or mobile app, select JitoSOL.
- Select More, then select Unstake. This brings you to the https://www.jito.network/staking/ webpage.
- Connect your wallet.
- Enter the amount of Jito Staked SOL you want to unstake. Note: You may see a .1-.3% unstaking fee and you need to have SOL available in your wallet to pay for any fees for the transaction.
- Select Unstake SOL, then review the transaction details and confirm the amount of SOL you'll receive.
- Confirm the conversion.
How to unstake JitoSOL using swapper
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 rewards are earned
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.
If you have any questions or concerns, please feel free to reach out to our support team.