The Archive: Crypto, Startups, and Stories
Lucas is the co-founder of Jito, the leading infrastructure provider and LST provider on Solana. In this episode, we dive into how Lucas went from running MEV bots on Ethereum to betting early on Solana. We explore what drew Lucas to Solana, how Jito scaled from ~3% to ~90% validator adoption, and the hard decisions that Jito had to make around MEV on Solana. Finally, Lucas shares his perspective on where crypto is headed, why trading is the killer use case for blockchains, and what Solana needs to win long term. ----- Altitude – the global business account with stablecoin and fiat bank transfers, free on-and off-ramps, 5% APY, corporate cards, bill pay, and more. ------ Questions or feedback? Email us at archivepodcasthost@gmail.com Website: https://thearchivepod.com Twitter: https://x.com/Archive_Pod ------ Timestamps (0:00) Altitude(1:23) What is Jito(10:18) Why Solana stood out early (16:06) Starting Jito (22:58) FTX fallout and doubling down on Solana (30:54) MEV politics and shutting down the mempool (36:20) Memecoins (38:59) Finding PMF and scaling to >90% of validators (41:27) Jito airdrop and token launch strategy (51:40) Expanding beyond infra to user facing apps (59:12) The Solana ecosystem and what it needs (1:16:00) Jito’s presence in DC and crypto policy
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