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
- Click on the "Your stake" option to proceed.
- You will see an option to convert your existing stakes to JitoSOL.
- Click on "Convert to JitoSOL" and choose the stake you want to convert.
- A confirmation screen will show the amount of JitoSOL you will receive.
- Select "Convert".
If You Don't Have Existing Stakes
- Click on "Start earning SOL".
- You will be given two options: Liquid staking (recommended) or native staking.
- Choose Liquid staking to convert your SOL to JitoSOL.
- 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:
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My stakes are ineligible, what should I do?
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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.
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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.
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How do I get my rewards?
JitoSOL is a reward-bearing asset, meaning yield is automatically accrued and reflected in the price rather than ongoing distribution.
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How to unstake JitoSOL?
There are a couple of ways you can do this:
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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.
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Swap: Simply head over to our in-app swapper and swap them for SOL or any other token to instantly unstake.
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If you have any questions or concerns, please feel free to reach out to our support team.