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$JTO {spot}(JTOUSDT) According to a report by Kairos Research, a cryptocurrency research firm, Jito's monthly revenue from priority fees and tips exceeded $100 million in both November and December. Kairos said that Jito's validator monthly tip income increased by an average of 32% in 2024. In November in particular, monthly revenue peaked at about $210 million. The growth in Jito's tip income reflects the growing popularity of the Solana network. The growth in Jito's tip income also highlights the trend of validators increasing their income by prioritizing certain transactions, a practice known as maximum extractable value (MEV). As of December 26, more than 93% of Solana validators use Jito's software to maximize their income from block construction. #jto #jito
$JTO
According to a report by Kairos Research, a cryptocurrency research firm, Jito's monthly revenue from priority fees and tips exceeded $100 million in both November and December.
Kairos said that Jito's validator monthly tip income increased by an average of 32% in 2024. In November in particular, monthly revenue peaked at about $210 million. The growth in Jito's tip income reflects the growing popularity of the Solana network. The growth in Jito's tip income also highlights the trend of validators increasing their income by prioritizing certain transactions, a practice known as maximum extractable value (MEV).
As of December 26, more than 93% of Solana validators use Jito's software to maximize their income from block construction.
#jto #jito
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Jito Network: An Innovative Protocol on the Solana BlockchainJito Network is a protocol built on the Solana blockchain. The protocol stands out for its JitoSOL liquid staking pool and Maximum Extractable Value (MEV) product. Jito Network has made a significant contribution to the Solana ecosystem with the features it provides. In this guide, you can find answers to many questions, such as what is Jito listed on Binance, and where and how to buy JTO coins. What is Gildong? #jito Jito provides users who want to access decentralized finance (DeFi) opportunities with the ability to exchange SOL for JitoSOL. Users who increase liquidity through this process will receive additional rewards in addition to the benefits from the staking process.

Jito Network: An Innovative Protocol on the Solana Blockchain

Jito Network is a protocol built on the Solana blockchain. The protocol stands out for its JitoSOL liquid staking pool and Maximum Extractable Value (MEV) product. Jito Network has made a significant contribution to the Solana ecosystem with the features it provides. In this guide, you can find answers to many questions, such as what is Jito listed on Binance, and where and how to buy JTO coins.
What is Gildong? #jito
Jito provides users who want to access decentralized finance (DeFi) opportunities with the ability to exchange SOL for JitoSOL. Users who increase liquidity through this process will receive additional rewards in addition to the benefits from the staking process.
Jito (JTO): Built on the Solana ecosystem, the Jito network is one of the major contributors through its JitoSOL liquid staking pool. JTO gives its users access to make decisions in the protocol to make sure the protocol evolves to stay updated as per the latest market sentiments, making it an important project on this protocol. Despite the JTO price displaying a negative trend over the weekend, the altcoin is predicted to gain significant attention from the market in the coming days as the price action of the price of Bitcoin highly influences it. #HotTrands #jito #BTC #Write2Earn
Jito (JTO):

Built on the Solana ecosystem, the Jito network is one of the major contributors through its JitoSOL liquid staking pool. JTO gives its users access to make decisions in the protocol to make sure the protocol evolves to stay updated as per the latest market sentiments, making it an important project on this protocol.

Despite the JTO price displaying a negative trend over the weekend, the altcoin is predicted to gain significant attention from the market in the coming days as the price action of the price of Bitcoin highly influences it.

#HotTrands #jito #BTC #Write2Earn
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$JTO {spot}(JTOUSDT) Currently, Jito officially announces that restaking deposits are now open, with an initial deposit limit of 147,000 SOL. Currently, 62,906 SOL has been deposited, leaving a remaining quota of 84,094 SOL. Users can deposit through the Jito Restaking homepage or frontends provided by Renzo, Kyros, and Fragmetric. The initial deposit cap is set at 25 million USD and will be gradually increased over the coming weeks. #jito #jto #JTO🔥🔥🔥 #solana生态 #sol板块
$JTO
Currently, Jito officially announces that restaking deposits are now open, with an initial deposit limit of 147,000 SOL. Currently, 62,906 SOL has been deposited, leaving a remaining quota of 84,094 SOL.
Users can deposit through the Jito Restaking homepage or frontends provided by Renzo, Kyros, and Fragmetric. The initial deposit cap is set at 25 million USD and will be gradually increased over the coming weeks.
#jito #jto #JTO🔥🔥🔥 #solana生态 #sol板块
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$JTO {spot}(JTOUSDT) The Solana ecosystem DeFi protocol Kamino announced that it has introduced a new Jito market in Kamino Lend, promoting the development of JitoSOL to provide users with more diverse lending and earning opportunities. The Jito market is supporting Kamino's first 10x Multiply Vault, which means users can achieve higher leverage and potential returns through this market. The market is now live in the Kamino app, allowing users to immediately experience the new features and benefits it brings. JitoSOL holds over 43% of the SOL LST market, demonstrating its significant position and widespread influence within the Solana ecosystem. Over 14 million SOL have been staked in the JitoSOL market, further proving its popularity and market potential. Despite the large amount of Jito SOL being staked, only a small portion is actively deployed in DeFi. This may indicate that there is a significant amount of potential liquidity waiting to be activated and utilized. SOL deposit users can earn 8000 JTO incentives weekly in the new market. This policy aims to attract more SOL deposit users to participate in Kamino's lending market, increasing market liquidity and activity. #solana生态 #jito #JTO🔥🔥🔥 #jto #JTO。
$JTO
The Solana ecosystem DeFi protocol Kamino announced that it has introduced a new Jito market in Kamino Lend, promoting the development of JitoSOL to provide users with more diverse lending and earning opportunities. The Jito market is supporting Kamino's first 10x Multiply Vault, which means users can achieve higher leverage and potential returns through this market. The market is now live in the Kamino app, allowing users to immediately experience the new features and benefits it brings.
JitoSOL holds over 43% of the SOL LST market, demonstrating its significant position and widespread influence within the Solana ecosystem. Over 14 million SOL have been staked in the JitoSOL market, further proving its popularity and market potential. Despite the large amount of Jito SOL being staked, only a small portion is actively deployed in DeFi. This may indicate that there is a significant amount of potential liquidity waiting to be activated and utilized.
SOL deposit users can earn 8000 JTO incentives weekly in the new market. This policy aims to attract more SOL deposit users to participate in Kamino's lending market, increasing market liquidity and activity.
#solana生态 #jito #JTO🔥🔥🔥 #jto #JTO。
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$JTO {spot}(JTOUSDT) Jito Labs, as a developer on the Solana network, has risen to the top of the DeFi rankings. Jito Labs set a new high in fee revenue in October, reaching $78.92 million, which is double the record set before May. Jito Labs' fee revenue reached nearly $79 million, outperforming traditional leaders like Lido and Uniswap. Jito Labs' MEV-driven model is setting new standards for decentralized finance, with the key to Jito Labs' success being its advanced infrastructure, including the Jito-Solana validator client and block engine. These tools help capture maximum extractable value (MEV) by optimizing transaction ordering, allowing the protocol to leverage Solana's high-capacity on-chain activity. Jito Labs' leading position in the DeFi space, especially its innovations and successes in MEV extraction, as well as its influence on the Solana network and the entire DeFi industry. #jito #jto
$JTO
Jito Labs, as a developer on the Solana network, has risen to the top of the DeFi rankings. Jito Labs set a new high in fee revenue in October, reaching $78.92 million, which is double the record set before May. Jito Labs' fee revenue reached nearly $79 million, outperforming traditional leaders like Lido and Uniswap. Jito Labs' MEV-driven model is setting new standards for decentralized finance, with the key to Jito Labs' success being its advanced infrastructure, including the Jito-Solana validator client and block engine. These tools help capture maximum extractable value (MEV) by optimizing transaction ordering, allowing the protocol to leverage Solana's high-capacity on-chain activity.
Jito Labs' leading position in the DeFi space, especially its innovations and successes in MEV extraction, as well as its influence on the Solana network and the entire DeFi industry.
#jito #jto
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$REZ $JTO {spot}(REZUSDT) Renzo announced that ezSOL will be launched on the Jito platform on October 30. The expected launch content includes: 1. Whitelisted user deposits: Whitelisted users will be able to deposit within the first 24 hours, or until the deposit cap is filled. 2. Subsequent deposit opening: After the initial 24 hours, if the deposit cap is not filled, other users will also have the opportunity to deposit. 3. ezSOL minting: Users can mint ezSOL by depositing jitoSOL. 4. Reward auto-compounding: Rewards for ezSOL will be automatically compounded. In addition, Renzo also plans to announce the first integrations and partnerships shortly after the launch, which will bring more utility and rewards to ezSOL holders. This indicates that the launch of ezSOL will bring new liquidity and ecological cooperation opportunities to the Jito platform while providing more value and rewards to ezSOL token holders. #jito #jto #JTO🔥🔥🔥 #solana生态 #renzo
$REZ $JTO
Renzo announced that ezSOL will be launched on the Jito platform on October 30. The expected launch content includes:

1. Whitelisted user deposits: Whitelisted users will be able to deposit within the first 24 hours, or until the deposit cap is filled.
2. Subsequent deposit opening: After the initial 24 hours, if the deposit cap is not filled, other users will also have the opportunity to deposit.
3. ezSOL minting: Users can mint ezSOL by depositing jitoSOL.
4. Reward auto-compounding: Rewards for ezSOL will be automatically compounded.

In addition, Renzo also plans to announce the first integrations and partnerships shortly after the launch, which will bring more utility and rewards to ezSOL holders. This indicates that the launch of ezSOL will bring new liquidity and ecological cooperation opportunities to the Jito platform while providing more value and rewards to ezSOL token holders.
#jito #jto #JTO🔥🔥🔥 #solana生态 #renzo
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I bought #jito and it's just falling out, is it worth keeping?
I bought #jito and it's just falling out, is it worth keeping?
What is Jito? JITO is a liquid staking service developed on the Solana blockchain network. The service allows users to stake Solana (SOL) tokens and receive a liquid token, JitoSOL, in return. The special feature of JITO is that it distributes both staking rewards and MEV (maximum issuable value) rewards on the staked tokens. By partnering with validators that focus on improving network performance and offering extra MEV rewards, JITO offers its users opportunities for higher returns. $JTO $SOL $BTC @CZ @JustinSun @TopCryptoNews #btcusdt #bitcoin #jito #youteaser
What is Jito?
JITO is a liquid staking service developed on the Solana blockchain network. The service allows users to stake Solana (SOL) tokens and receive a liquid token, JitoSOL, in return. The special feature of JITO is that it distributes both staking rewards and MEV (maximum issuable value) rewards on the staked tokens. By partnering with validators that focus on improving network performance and offering extra MEV rewards, JITO offers its users opportunities for higher returns.

$JTO $SOL $BTC @CZ @JustinSun @TopCryptoNews

#btcusdt
#bitcoin
#jito
#youteaser
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$JTO {spot}(JTOUSDT) Jito will launch the first phase of Restaking on October 30, with an initial deposit limit of 25 million USD. Jito officially announced that they plan to start the first phase of Restaking at 15:00 UTC on October 30 and open the deposit window. Users can make deposits through the Jito Restaking homepage or the front ends provided by Renzo, Kyros, and Fragmetric. The deposit limit will gradually increase over the next few weeks. Jito officials mentioned that the initial deposit limit is 25 million USD, but this limit will gradually increase in the coming weeks. #jito #jto #JTO🔥🔥🔥 #JTO。 #JTO收起
$JTO
Jito will launch the first phase of Restaking on October 30, with an initial deposit limit of 25 million USD. Jito officially announced that they plan to start the first phase of Restaking at 15:00 UTC on October 30 and open the deposit window. Users can make deposits through the Jito Restaking homepage or the front ends provided by Renzo, Kyros, and Fragmetric. The deposit limit will gradually increase over the next few weeks. Jito officials mentioned that the initial deposit limit is 25 million USD, but this limit will gradually increase in the coming weeks.
#jito #jto #JTO🔥🔥🔥 #JTO。 #JTO收起
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$JTO ​​on the attack again 🚀🚀🚀👏🏽👏🏽👏🏽😎😎😎 #JTO #JITO $JTO
$JTO ​​on the attack again 🚀🚀🚀👏🏽👏🏽👏🏽😎😎😎 #JTO #JITO $JTO
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Jito Labs reports $78.9 million in monthly fees in October, doubling the previous recordJito Labs recorded an impressive monthly fee of $78.92 million in October, doubling the previous record of $39.45 million set in May. This increase has helped Jito surpass traditional competitors in the DeFi space like Lido and Uniswap, rising to the forefront in fees. Notably, on October 24, the protocol generated $6.14 million just from tips, indicating a growing demand for MEV extraction services on the Solana platform.

Jito Labs reports $78.9 million in monthly fees in October, doubling the previous record

Jito Labs recorded an impressive monthly fee of $78.92 million in October, doubling the previous record of $39.45 million set in May. This increase has helped Jito surpass traditional competitors in the DeFi space like Lido and Uniswap, rising to the forefront in fees.
Notably, on October 24, the protocol generated $6.14 million just from tips, indicating a growing demand for MEV extraction services on the Solana platform.
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Upcoming Token Unlocks: Cardano, Jito, and AptosUpcoming Token Unlocks: Cardano, Jito, and Aptos 🚀🔓 As we approach the end of 2024, the crypto market is buzzing with discussions about upcoming token unlocks. These events can significantly impact token prices, market sentiment, and project development. In this article, we’ll explore the upcoming token unlocks for Cardano (ADA), Jito (JITO), and Aptos (APT)—and what they mean for investors. Let’s dive in! 🌟 1️⃣ Cardano ($ADA ): Expansion Through Staking Rewards 💡 Overview: Cardano, known for its focus on scalability and sustainability, will see a staking reward distribution as part of its ongoing tokenomics. This unlock is linked to staking incentives designed to support the growth of its proof-of-stake ecosystem. 🔓 Details: Unlock Type: Staking rewards.Date: December 2024.Impact: Approximately 1.5 million ADA tokens will be unlocked and distributed to delegators and validators. 📈 What to Watch For: Market Impact: A moderate increase in circulating supply might lead to slight sell pressure. However, Cardano’s robust staking mechanism encourages long-term holding.Price Prediction: ADA’s current price is $1.61, with analysts expecting it to trade between $1.50 - $1.80 in the coming weeks, depending on broader market trends.Catalysts: The Hydra upgrade and increased DeFi adoption on Cardano could mitigate any negative effects from the token unlock. 2️⃣ Jito ($JITO): Focused on Solana’s Performance 💡 Overview: Jito is a Solana-based project enhancing validator efficiency and reducing MEV (Maximum Extractable Value) exploitation. Its upcoming token unlock is tied to early backers and contributors. 🔓 Details: Unlock Type: Vesting schedule for seed investors.Date: December 10, 2024.Impact: Approximately 2 million JITO tokens (~5% of the total supply) will enter circulation. 📈 What to Watch For: Market Impact: Increased supply could lead to short-term price corrections. However, the focus on Solana’s ecosystem growth provides strong fundamentals.Price Prediction: JITO is trading at $3.6, with expectations of potential dips to $3.40 before recovery based on its utility and staking demand.Catalysts: Growing Solana network activity and adoption of Jito’s validator solutions could fuel long-term demand. 3️⃣ Aptos ($APT ): Scaling with Strategic Unlocks 💡 Overview: Aptos, the Layer-1 blockchain known for its scalability and Move programming language, has a scheduled token unlock for team allocations and strategic partners. 🔓 Details: Unlock Type: Team and investor allocations.Date: December 15, 2024.Impact: Approximately 5 million APT tokens (~2% of total supply) will be unlocked. 📈 What to Watch For: Market Impact: Team unlocks often introduce concerns about selling pressure. However, Aptos’s robust developer ecosystem and active NFT market might offset negative sentiment.Price Prediction: APT is trading at $13.81, with potential fluctuations between $13.50 - $14.20 after the unlock.Catalysts: Upcoming partnerships, DeFi integrations, and an expanding ecosystem could bolster Aptos’s long-term value. What Do These Unlocks Mean for Investors? Token unlocks often bring volatility, but they also present opportunities for savvy investors. Here’s how to navigate these events: 🔹 Short-Term Risks: Increased supply can lead to sell pressure and price dips.Monitor trading volumes and whale movements around unlock dates. 🔹 Long-Term Opportunities: Projects with strong fundamentals, like Cardano, Jito, and Aptos, often recover post-unlock as demand outweighs supply.Consider dollar-cost averaging (DCA) during price corrections for long-term gains. Final Verdict Upcoming token unlocks for Cardano, Jito, and Aptos are worth monitoring closely. While short-term volatility is expected, the strong fundamentals of these projects suggest promising recovery and growth potential. Stay informed, plan strategically, and capitalize on market movements during these key events. 💬 What’s your strategy for navigating token unlocks? Share your thoughts below! ✨ Found this helpful? Like, share, and follow for more insights on token unlocks and crypto trends. Your support fuels valuable content! 🙌 #TokenUnlocks #Cardano #ADA #Jito #APT

Upcoming Token Unlocks: Cardano, Jito, and Aptos

Upcoming Token Unlocks: Cardano, Jito, and Aptos 🚀🔓
As we approach the end of 2024, the crypto market is buzzing with discussions about upcoming token unlocks. These events can significantly impact token prices, market sentiment, and project development.
In this article, we’ll explore the upcoming token unlocks for Cardano (ADA), Jito (JITO), and Aptos (APT)—and what they mean for investors. Let’s dive in! 🌟
1️⃣ Cardano ($ADA ): Expansion Through Staking Rewards
💡 Overview:
Cardano, known for its focus on scalability and sustainability, will see a staking reward distribution as part of its ongoing tokenomics. This unlock is linked to staking incentives designed to support the growth of its proof-of-stake ecosystem.
🔓 Details:
Unlock Type: Staking rewards.Date: December 2024.Impact: Approximately 1.5 million ADA tokens will be unlocked and distributed to delegators and validators.
📈 What to Watch For:
Market Impact: A moderate increase in circulating supply might lead to slight sell pressure. However, Cardano’s robust staking mechanism encourages long-term holding.Price Prediction: ADA’s current price is $1.61, with analysts expecting it to trade between $1.50 - $1.80 in the coming weeks, depending on broader market trends.Catalysts: The Hydra upgrade and increased DeFi adoption on Cardano could mitigate any negative effects from the token unlock.
2️⃣ Jito ($JITO): Focused on Solana’s Performance
💡 Overview:
Jito is a Solana-based project enhancing validator efficiency and reducing MEV (Maximum Extractable Value) exploitation. Its upcoming token unlock is tied to early backers and contributors.
🔓 Details:
Unlock Type: Vesting schedule for seed investors.Date: December 10, 2024.Impact: Approximately 2 million JITO tokens (~5% of the total supply) will enter circulation.
📈 What to Watch For:
Market Impact: Increased supply could lead to short-term price corrections. However, the focus on Solana’s ecosystem growth provides strong fundamentals.Price Prediction: JITO is trading at $3.6, with expectations of potential dips to $3.40 before recovery based on its utility and staking demand.Catalysts: Growing Solana network activity and adoption of Jito’s validator solutions could fuel long-term demand.
3️⃣ Aptos ($APT ): Scaling with Strategic Unlocks
💡 Overview:
Aptos, the Layer-1 blockchain known for its scalability and Move programming language, has a scheduled token unlock for team allocations and strategic partners.
🔓 Details:
Unlock Type: Team and investor allocations.Date: December 15, 2024.Impact: Approximately 5 million APT tokens (~2% of total supply) will be unlocked.
📈 What to Watch For:
Market Impact: Team unlocks often introduce concerns about selling pressure. However, Aptos’s robust developer ecosystem and active NFT market might offset negative sentiment.Price Prediction: APT is trading at $13.81, with potential fluctuations between $13.50 - $14.20 after the unlock.Catalysts: Upcoming partnerships, DeFi integrations, and an expanding ecosystem could bolster Aptos’s long-term value.
What Do These Unlocks Mean for Investors?
Token unlocks often bring volatility, but they also present opportunities for savvy investors. Here’s how to navigate these events:
🔹 Short-Term Risks:
Increased supply can lead to sell pressure and price dips.Monitor trading volumes and whale movements around unlock dates.
🔹 Long-Term Opportunities:
Projects with strong fundamentals, like Cardano, Jito, and Aptos, often recover post-unlock as demand outweighs supply.Consider dollar-cost averaging (DCA) during price corrections for long-term gains.
Final Verdict
Upcoming token unlocks for Cardano, Jito, and Aptos are worth monitoring closely. While short-term volatility is expected, the strong fundamentals of these projects suggest promising recovery and growth potential. Stay informed, plan strategically, and capitalize on market movements during these key events.
💬 What’s your strategy for navigating token unlocks? Share your thoughts below!
✨ Found this helpful? Like, share, and follow for more insights on token unlocks and crypto trends. Your support fuels valuable content! 🙌
#TokenUnlocks #Cardano #ADA #Jito #APT
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How to buy tokens in Solana as soon as possible?Buying tokens at the first opportunity, especially newly issued tokens, can be achieved in the following ways: 1. Use Sniping Bots Sniping bots are tools designed to automatically buy tokens the moment they go live. With these bots, you can set your buying parameters, and when the token goes live, the bot will execute the buy order immediately. 2. Monitor announcements and social media Follow the official announcements, social media accounts, and Telegram groups of the project to get the exact time and trading platform of the token listing. This information is usually released in advance, helping you prepare in advance.

How to buy tokens in Solana as soon as possible?

Buying tokens at the first opportunity, especially newly issued tokens, can be achieved in the following ways:

1. Use Sniping Bots
Sniping bots are tools designed to automatically buy tokens the moment they go live. With these bots, you can set your buying parameters, and when the token goes live, the bot will execute the buy order immediately.

2. Monitor announcements and social media
Follow the official announcements, social media accounts, and Telegram groups of the project to get the exact time and trading platform of the token listing. This information is usually released in advance, helping you prepare in advance.
Jito Foundation Distributes 12M JTO Tokens for GovernanceJito, a cryptocurrency project built on Solana, has assigned 12 million JTO tokens to its first governance delegates. These delegates consist of members from Coinbase Cloud, the Solana Foundation, and the Jito community. Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On CryptosHeadlinesToken.com Among the 17 selected individuals and projects in the governance cohort are Gauntlet, a research company, Chainflow, an infrastructure platform, and Flipside, a marketing agency. Jito Foundation Delegates 12 Million JTO Tokens for Governance The Jito Foundation has announced a significant move in its governance structure by allocating 12 million JTO tokens, worth $23.5 million, to its initial governance cohort. This group comprises 17 individuals and projects, including representatives from prominent entities such as the Solana Foundation, Coinbase Cloud, Gauntlet research company, Chainflow infrastructure platform, Flipside marketing agency, and members of the Jito community. This allocation constitutes around 10% of the circulating supply of the JTO token. The selection of these delegates followed a public call issued on January 24, which garnered an enthusiastic response from top crypto companies, service providers, node operators, and development teams. Lucas Bruder, Core Contributor at the Jito Network, expressed satisfaction with the diverse pool of applicants. Lucas Bruder further emphasized the significance of this allocation in enhancing governance on the Solana blockchain. He highlighted that while governance on Solana has historically been less active compared to other chains, the Jito Foundation aims to set a new standard through its delegation program. Jito Foundation Selects Delegates for Governance Role In a meticulous process, the Jito Foundation has handpicked delegates for their significant role in shaping the future of the Jito Network. These delegates were carefully evaluated based on several criteria, including their alignment with the network’s vision, independence from the Jito team, past involvement in governance, and expertise in the field. Moreover, to ensure diverse perspectives, representatives from various backgrounds such as other protocols, developers, node operators, and community members were included in the selection process. The chosen delegates will wield their voting power to influence the direction of the Jito Foundation through its governance forum. Additionally, upcoming votes will cover essential topics, including the launch of StakeNet, Jito’s forthcoming staking product aimed at overseeing validators. Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On CryptosHeadlinesToken.com Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice. #jito #Bitcoin #Altcoin #Cryptocurrency #CryptoNews

Jito Foundation Distributes 12M JTO Tokens for Governance

Jito, a cryptocurrency project built on Solana, has assigned 12 million JTO tokens to its first governance delegates. These delegates consist of members from Coinbase Cloud, the Solana Foundation, and the Jito community.
Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On CryptosHeadlinesToken.com

Among the 17 selected individuals and projects in the governance cohort are Gauntlet, a research company, Chainflow, an infrastructure platform, and Flipside, a marketing agency.

Jito Foundation Delegates 12 Million JTO Tokens for Governance
The Jito Foundation has announced a significant move in its governance structure by allocating 12 million JTO tokens, worth $23.5 million, to its initial governance cohort. This group comprises 17 individuals and projects, including representatives from prominent entities such as the Solana Foundation, Coinbase Cloud, Gauntlet research company, Chainflow infrastructure platform, Flipside marketing agency, and members of the Jito community. This allocation constitutes around 10% of the circulating supply of the JTO token.
The selection of these delegates followed a public call issued on January 24, which garnered an enthusiastic response from top crypto companies, service providers, node operators, and development teams. Lucas Bruder, Core Contributor at the Jito Network, expressed satisfaction with the diverse pool of applicants.
Lucas Bruder further emphasized the significance of this allocation in enhancing governance on the Solana blockchain. He highlighted that while governance on Solana has historically been less active compared to other chains, the Jito Foundation aims to set a new standard through its delegation program.
Jito Foundation Selects Delegates for Governance Role
In a meticulous process, the Jito Foundation has handpicked delegates for their significant role in shaping the future of the Jito Network. These delegates were carefully evaluated based on several criteria, including their alignment with the network’s vision, independence from the Jito team, past involvement in governance, and expertise in the field. Moreover, to ensure diverse perspectives, representatives from various backgrounds such as other protocols, developers, node operators, and community members were included in the selection process.
The chosen delegates will wield their voting power to influence the direction of the Jito Foundation through its governance forum. Additionally, upcoming votes will cover essential topics, including the launch of StakeNet, Jito’s forthcoming staking product aimed at overseeing validators.
Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On CryptosHeadlinesToken.com

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#jito #Bitcoin #Altcoin #Cryptocurrency #CryptoNews
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$JUP LFG Launch Pool Done! Recognized for its robust backstop liquidity provision mechanism. With a substantial balance of 74 million USDC earmarked for team liquidity, the pool dynamics are sensitive to JUP token price movements. This interaction between launchpool balance and token price is fundamental to Jupiter Exchange's strategy. Towards resistance of 0.55… 0.60 and beyond 🚀#Solana! #jito #sol $SOL $JTO
$JUP LFG Launch Pool Done! Recognized for its robust backstop liquidity provision mechanism. With a substantial balance of 74 million USDC earmarked for team liquidity, the pool dynamics are sensitive to JUP token price movements.

This interaction between launchpool balance and token price is fundamental to Jupiter Exchange's strategy.

Towards resistance of 0.55… 0.60 and beyond 🚀#Solana! #jito #sol $SOL $JTO
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