Solana stakers have cause to have a good time following a landmark collaboration between staking supplier P2P.org, lending protocol Kamino Finance, and DeFi research agency Re7 Labs.
With the trio becoming a member of forces to launch an incentivized liquidity vault for rstSOL-bbSOL, 3,000 JTO tokens will probably be initially distributed to liquidity suppliers (LPs) and a further 3,600 JTO ring-fenced for lending markets.
Restaked SOL (rstSOL) can solely be minted by way of Bybit Staked SOL (bbSOL) utilizing Jito.
A Virtuous Cycle of Participation
Whereas Solana restakers can earn further community rewards from Jito’s TipRouter system, holders of bbSOL will have the ability to leverage Jito’s restaking infrastructure to obtain a proportion of three,000 JTO distributed within the first three months.
“This collaboration represents our commitment to creating additional value for Solana stakers while supporting the broader ecosystem,” stated P2P.org’s Chief Income Officer Alex Loktev. “By allocating rewards to liquidity providers, we’re establishing a virtuous cycle of participation and rewards.”
An institutional-grade, non-custodial staking infrastructure with over $10 billion in staked and restaked property, P2P will combine Restaked SOL (rstSOL) into the Kamino ecosystem within the first occasion, with the promise of of lending markets and leveraged community reward alternatives supposed to inspire the staking group’s participation.
Re7 Labs, in the meantime, will fulfil the position of ecosystem curator, guaranteeing technique security and composability throughout the rstSOL liquidity stack.
The initiative is about to comply with a gradual phased roll-out: part two will embrace additional JTO incentives for rstSOL and SOL lenders, with a continued allocation of P2P.org’s validator JTO airdrop motivating further ecosystem participation. Section three, for its half, will see leveraged community reward methods deployed for rstSOL, earlier than a ultimate part culminates with the launch of Kamino Multiply assist for rstSOL and leveraged farming between SOL and rstSOL positions.
The information is the most recent to feed into optimistic Solana sentiment: the Complete Worth Locked (TVL) within the open-source community not too long ago surpassed that of all Ethereum Layer-2s, with elevated staking participation one of many major elements. Over 65% of the SOL token provide is at present staked on protocols like Jito, Marinade, Blaze, and Marginfi.
Solana achieved over $1.2 billion in app income throughout Q1 of 2025, with round 20% of that determine coming from on-chain exercise associated to viral memecoin launch platform Pump.enjoyable.