I think people also don't realize how Jito (Re)staking has the potential to significantly benefit the Solana ecosystem in a very global way: 1. Restaking will push for more decentralization on Solana: As of today, Solana has $50B+ in total value staked. However, a large portion of Solana’s stake is still native. Restaking brings utility to liquid stake and is expected to increase LST market share. This benefits the network by promoting greater decentralization and a higher-performance validator set. 2. Restaking will make sense given SOL inflation trajectory: SOL’s inflation rate is set to decrease over time. This means that the marginal utility of restaking yield is set to increase. For example, an additional 1.5% APY is much more attractive when the base yield is 3% rather than 8%. 3. Restaking will increase security and reliability of the Solana network: There’s little value in having strong security at the smart contract level if other parts of the system aren’t equally secure, as, ultimately, it is the weakest link that determines the overall security and resiliency of a system. For this reason, it makes sense for some infra services to leverage restaking from base chain (Solana). One good example are oracles, which are a key part of Solana DeFi (as data reliability is everything) and who could become much more resilient with restaking. 4. Restaking will accelerate innovation: Restaking allow projects to focus on PMF and distribution while maintaining strong security guarantees through shared economic security. This can bring faster innovation to Solana. Slowly but surely, people are going to realize how powerful the primitives are. Bullish on @jito_sol, and bullish on @magicdhz work!
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