Accelerating DePIN on Solana 🥩
LovePIPE is now LIVE! 🔥 Excited to welcome @pipenetwork into the Jito (Re)staking ecosystem with the launch of their LovePIPE liquid staking token. For those unfamiliar, Pipe Network is a decentralized CDN on Solana delivering high-quality content at low latency & cheap costs. How LovePIPE works: • Users deposit PIPE into the stakepool and receive LovePIPE. • Their deposits are delegated to top-performing node operators in Pipe Network. • The more stake a node has, the more high value content it gets to serve. • Nodes receive rewards for participating in the network and share them with stakers. TL;DR: With LovePIPE, you earn staking rewards while both maintaining liquidity and powering the future of decentralized content delivery on Solana.
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