How to Stake ShMonad (SHMON) on Jito
Jito may not directly support SHMON staking, but you can still use Jito to buy SHMON and transfer it for staking.
Current APY
15.9%
Price
$0.0556
Platform Fee
4%
Platform Type
liquid
Step-by-Step: Stake SHMON on Jito
1
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports ShMonad's network.
2
Acquire SHMON
Buy SHMON from an exchange and transfer it to your wallet, or swap for it using a DEX.
3
Visit Jito
Go to Jito's staking interface and connect your wallet.
4
Stake and receive liquid tokens
Enter your SHMON amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.
5
Use your LST in DeFi (optional)
Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.
Jito for SHMON Staking: Pros & Cons
Pros
- + Higher APY than vanilla Solana staking via MEV tips
- + JitoSOL widely integrated in Solana DeFi
- + Low 4% fee — among the lowest for liquid staking
- + Strong ecosystem adoption and Jito DAO governance
Cons
- - Solana-only
- - MEV earnings can vary with market conditions
- - Smart contract risk
FAQ: SHMON Staking on Jito
What APY can I earn staking SHMON on Jito?
The current estimated APY for SHMON staking is around 15.9%. Actual rates vary based on network conditions, validator performance, and Jito's fee structure (4% of staking rewards).
Is staking SHMON on Jito safe?
Jito is a non-custodial protocol with a high risk profile for SHMON staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake SHMON from Jito?
Unstaking times depend on the network: Flexible (JitoSOL is liquid). During the unstaking period, your SHMON won't earn rewards.
What fees does Jito charge for SHMON staking?
Jito charges 4% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake SHMON on other platforms?
Yes! You can compare all available platforms for SHMON staking on our How to Stake ShMonad guide. Different platforms offer different APY rates, fees, and custody models.