Figment Selected as BAM Alpha Validator
Figment was selected as one of the exclusive alpha validators for Jito’s Block Assembly Marketplace (BAM). BAM introduces an encrypted mempool within a Trusted Execution Environment, offering privacy, protection and secure transaction ordering for users. For Solana delegators, BAM offers Solana delegators additional Solana rewards opportunities through Plugin revenue sharing. This selection positions Figment at the forefront of Solana’s next-generation transaction processing infrastructure.
Understanding Block Assembly Marketplace
The Block Assembly Marketplace represents a fundamental shift in how Solana processes transactions, moving from traditional block building to a Trusted Execution Environment (TEE)-based system. BAM introduces specialized hardware that creates secure, encrypted environments for transaction processing, addressing key limitations in current validator operations.
Key BAM Components
BAM Nodes operate as a network of scheduler nodes leveraging Trusted Execution Environment technology. These nodes maintain transaction privacy until execution while generating cryptographic attestations of transaction ordering. The TEE architecture ensures that sensitive transaction data remains protected from manipulation or front-running attacks.
BAM Validators run updated Jito-Solana clients that receive and execute transactions from BAM Nodes according to their instructions. This separation of concerns allows validators to focus on execution while BAM Nodes handle the complex scheduling and ordering processes.
Plugins provide programmable interfaces that enable developers to create custom transaction sequencing logic. These plugins can implement advanced features like just-in-time oracle updates, cancel-and-replace functionality, and application-controlled execution (ACE).
Enhanced Protocol Staking Rewards
Figment’s participation in BAM creates new protocol staking reward opportunities for delegators. The traditional reward structure of inflation plus transaction fees is enhanced through Plugin revenue sharing, where validators receive part of the fees generated by new Plugins.
Reward Structure Comparison
| Current Solana Protocol Staking | BAM-Enhanced Protocol Staking |
| Base inflation rewards | Base inflation rewards |
| Transaction fees | Transaction fees |
| MEV through Jito tips | MEV through Jito tips |
| – | Plugin fee revenue sharing |
This enhanced reward structure provides delegators with additional income streams while maintaining the non-custodial nature of protocol staking. Figment’s Q2 2025 performance demonstrated a 7.45% average Staking Rewards Rate (SRR), over 10% higher than the network average of 6.7%.
Non-Custodial Service Excellence
Figment operates as a non-custodial protocol staking service provider, with delegators retaining full control of their staked assets. This approach aligns with regulatory guidance that emphasizes the importance of maintaining asset control while earning protocol staking rewards.
Security and Compliance Features
Institutional-Grade Infrastructure ensures that Figment’s validator operations meet the highest security standards. The company’s SOC2 certification and multi-layer security protocols provide delegators with confidence in their protocol staking arrangements.
Comprehensive Reporting delivers detailed insights into protocol staking performance, including reward breakdowns, performance metrics, and compliance documentation. This transparency enables institutions to make informed decisions about their protocol staking strategies. As we navigate in the new rewards structure, rest assured your reporting will include the BAM revenue sharing component once it goes live.
Slashing Coverage protects delegators from potential validator penalties through Figment’s comprehensive risk management program. This coverage demonstrates Figment’s commitment to safeguarding delegator assets while participating in network security.
Technical Innovation and Network Benefits
BAM’s TEE-based architecture addresses several critical challenges in current Solana infrastructure. The encrypted mempool prevents front-running attacks and extractive, toxic MEV, creating a more equitable environment for all network participants.
Improved Network Performance
Consistent Block Times result from BAM’s structured approach to transaction processing. Unlike current systems where validators can manipulate timing for MEV extraction but hinder the network health, BAM enforces predictable scheduling within secure enclaves.
Enhanced Security through hardware-level isolation ensures that transaction processing occurs in tamper-resistant environments. The AMD SEV-SNP technology provides cryptographic guarantees about the integrity of transaction ordering.
Reduced Centralization Risks emerge from BAM’s distributed architecture and transparent attestation mechanisms. The system creates accountability through public audit trails while maintaining transaction privacy.
Future Protocol Staking Evolution
Figment’s early participation in BAM positions the company to capitalize on Solana’s upcoming Alpenglow consensus upgrade. This major protocol enhancement will reduce validator operating costs by moving consensus activities off-chain, potentially increasing net protocol staking rewards.
Competitive Advantages
Early Adoption Benefits provide Figment with operational experience in next-generation Solana infrastructure. This expertise translates to optimized performance and enhanced rewards for delegators as BAM scales across the network.
Proven Validator Performance: Figment’s production infrastructure routinely delivers sub-380 ms block times—substantially faster than the >580 ms averages recorded by several validators—demonstrating technical leadership, reasonable MEV strategy, and alignment with Solana’s performance goals.
Strategic Positioning within the Solana ecosystem demonstrates Figment’s commitment to protocol innovation and network health. The company’s involvement in BAM development ensures continued alignment with Solana’s technical roadmap.
Institutional Trust builds through Figment’s proven track record of secure, compliant protocol staking operations. The company’s participation in cutting-edge infrastructure development reinforces its position as a trusted institutional service provider.
Conclusion
Figment’s selection as a BAM alpha validator represents a significant advancement in institutional protocol staking services. By combining non-custodial asset management with next-generation TEE technology, Figment delivers enhanced rewards, improved security, and regulatory compliance for Solana delegators.
The Block Assembly Marketplace’s innovative approach to transaction processing creates new opportunities for protocol staking rewards while maintaining the security and decentralization principles that make Solana attractive to institutional participants. As BAM scales from alpha to full network adoption, Figment’s early involvement positions the company to deliver superior risk-adjusted rewards for Solana staking customers.
Ready to optimize your Solana protocol staking strategy? Contact Figment to learn how our BAM alpha validator participation can enhance your institutional protocol staking rewards.
