The Jito team, the builders behind the block engine most of Solana runs through, put out a whiteboard video explaining MEV. Transactions go in, the block engine runs its auction, tips flow out, and over a billion dollars ends up with validators and stakers.
At the end of all those arrows, where the money lands, the founder drew a piggy bank.
It does not look like a piggy bank. It looks like a turtle that got hit by a car. One eye, three legs, a slot in its back. Jito built one of the most important pieces of infra on Solana and then drew that.
Obviously we aped it. The dev dipped, so the trenches took over. $PIGGYBANK is a full CTO: no dev, but a cracked team on a mission to turn the ugliest pig in Solana history into a runner.
it's a piggy bank. jito said so.
- coin slot
- legs (3)
- eye (1)
- dev (dipped)
- brain cells (0)