What is Jito-JTO? MEV on the Solana blockchain (explained with animations)

🤔 What is Jito? Jito is a liquid staking protocol on the Solana blockchain based on a stake pool model. Simply put, a stake pool is a collection of validator nodes that are responsible for checking network transactions. Through Jito, users can exchange their SOL for Jitosol token. In return, the owners retain the liquidity of SOL and the defi options while they achieve returns. Jitosol offers its owners additional rewards from transaction proceeds associated with the MEV extraction on Solana. 💰 JTO TOKENOMICS In total, there will only be 1 billion JTO tokens, all of which have been created and are released according to their vesting plans. When these vesting plans have been completed, the initial token distribution will look as follows: The development of the ecosystem will receive 25%, while core employees receive 24.5%. In addition, 24.3% are assigned to community growth, investors receive 16.2% and finally 10% were given away during the airdrop. Time temple ⏳ 00:00 Intro 0:39 Jito founder 0:50 What is Jito? 1:25 Mex explains 1:40 How does Jito work? 2:24 MEV bots explains 4:20 Validator client explains 5:05 Jitos Validators 5:54 JTO TOKENOMICS 6:05 JTO application 6:17 JTO initial distribution 6:47 Is Jito It is worth it?