StakeNet Governance

JIP-33

JIP-33 proposes a strategic partnership between Jito Network and Coinbase to integrate JitoSOL into Coinbase's product ecosystem. Key components include mint/burn functionality for SOL-to-JitoSOL conversion in the Coinbase app, USD loan products against JitoSOL collateral, JitoSOL availability on the Base network, and directed stake to Coinbase-operated validators under the JIP-27 framework. Coinbase validators would run the BAM client with relaxed commission restrictions (5% on rewards, 10% on tips).

Proposal: JIP-33 Forum Post

JIP-28

JIP-28 proposes accelerating BAM (Block Assembly Marketplace) adoption by allocating JitoSOL stake to validators running BAM software. It introduces a tiered delegation schedule that increases BAM stake allocations as network adoption grows, ultimately transitioning to 100% BAM stake once full adoption is reached. This proposal motivated the introduction of the running_bam_score binary eligibility criterion in the Steward program.

Proposal: JIP-28 Forum Post

JIP-27

JIP-27 introduces directed staking to the JitoSOL stake pool, allowing large JitoSOL holders (initially ≥100k JitoSOL) and whitelisted DeFi protocols to direct their stake to specific validators of their choice. Validators must meet objective eligibility criteria to qualify for directed stake. A protective floor ensures a minimum amount of SOL remains in non-directed, permissionless delegation.

Proposal: JIP-27 Forum Post

JIP-25

JIP-25 expands and reforms the JitoSOL validator delegation system. Key changes include: expanding the active validator set from 200 to 400, revising the ranking criteria to prioritize commission rate, MEV commission, and validator age (with vote credits as a final tiebreaker), extending the MEV commission reference period from 10 to 30 epochs to reduce gaming, and pausing the priority fee sharing implementation from JIP-16.

Proposal: JIP-25 Forum Post

JIP-16

JIP-16 upgrades TipRouter to distribute Solana priority fees (in addition to MEV tips) and adjusts StakeNet to factor in priority fee sharing as a delegation eligibility criterion. It introduces Tip Distribution Account v2 (TDA v2) to handle priority fee collection and distribution, and requires validators to share at least 50% of priority fees to qualify for JitoSOL delegation. The DAO receives 1.5% of distributed priority fees.

Proposal: JIP-16 Forum Post

JIP-3

JitoSOL was transitioned to management by StakeNet via the JIP-3 proposal. This proposal includes information on the motivation, transition plan, costs, and community discussion.

Proposal: JIP-3 Forum Post

DAO Vote: JIP-3 Realms