The air launch was carried out in two phases:
🔸Phase 1: Distributed JTO tokens to early adopters of the Jito protocol based on the accumulation of Jito points.
🔸Phase 2: Will distribute JTO tokens to users who meet certain criteria, such as staking SOL or using Jito services.
🔸In phase 1, more than 80% of the JTO tokens designated for distribution were allocated to early adopters of the protocol based on the accumulation of Jito points. Jito points are awarded to users for taking actions on the Jito network, such as staking SOL, staking JTO tokens, or participating in network governance.
🔸In Phase 2, JTO tokens will be distributed to users who meet certain criteria, such as staking SOL or using Jito services. Details of Phase 2 have not yet been released, but are expected to be announced in the coming weeks.
The JTO airdrop is a way to reward early adopters of the protocol and promote its adoption. The JTO token is a governance token that grants its holders influence over Jito's treasury and fees.
🔸Market cap: $396,071,648 (40.97%)
🔸Volume (24h): $1,536,347,968 ( 28.13%)
🔸Volume/Market cap (24h): 400.36%
🔸Circulating supply: 115,000,000 JTO (11.50%)
🔸Total supply: 1,000,000,000 JTO
🔸Max. supply: 1,000,000,000 JTO
🔸Fully diluted market cap: $3,406,170,393
It is worth mentioning that these data and statistics are current at the time of writing this article.
What do you think about this token and project? I read you in the comments😉