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Jito DAO plans to use 7.5 million JTO tokens for liquidity mining

CointimeCointime2024/05/13 14:34
By:Cointime

Jito DAO's second proposal, co-written by cryptocurrency risk management company Gauntlet and Jito Foundation, proposes using 7.5 million native JTO tokens (approximately $29 million) for liquidity mining. This budget represents 3.1% of the 240 million JTO held in the DAO's JTO treasury and 0.75% of the total JTO supply. The Foundation will return all unused tokens by the end of the year.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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