Delegate Proposal - MacBrennan Peet

Identity and background:

Hey, my name is MacBrennan Peet. I’m a cofounder at MRGN and Temporal.

At MRGN and at Temporal, we’ve been big contributors to the Jito ecosystem through in-depth feedback and research on MEV, becoming the first ecosystem LST to exclusively delegate to the Jito validator client, running incentivized campaigns on marginfi for JitoSOL depositors – helping drive a surge in minting activity, and much more.

At both MRGN and Temporal, we hold a significant balance of JTO in order to be able to participate in Jito governance.

We’re deeply invested in Jito and Solana’s success. Tangible examples are the work we’re doing on STL, QoS, and more core protocol implementations. We’re also deep in research on improving the Jito validator client, and are using these optimizations in production (with a significant amount of SOL stake).

Our validators are a part of the xshin.fi pool. We’ve done intensive work on improving validator latency in order to achieve this, and believe minimizing latency is in the best interests of the broader Solana network.

Candidate Views

JitoSOL validator delegation should default to rewarding high performing validators that are improving the efficiency of the network. Decentralization should be rewarded, but in a thoughtful way that isn’t easily game-able and doesn’t degrade network performance.

JTO liquidity mining / token grants should be framed around active ecosystem involvement, not just passive holding. Network activity drives value to JitoSOL, and JitoSOL will not be successful if Solana isn’t used as a base network for critical activity involving robust, censorship-resistant, permissionless activity – like finance.

My goals would be to drive more active participation in on-chain finance from JitoSOL holders, no matter how abstracted away that participation is.

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