Solana

A huge step forward in the evolution of Jito, the Jito Foundation is pleased to announce that the JTO governance token will soon be available for purchase. This announcement comes as a result of intense excitement. Through the use of the JTO token, members of the community will have the ability to directly influence the future of the Jito Network and the decisions that it makes.Jito is now a component of the Solana ecosystem that has reached a very mature stage. Due to the impact that the Jito Network has on the ecosystem, JitoSOL, the Liquid Staking Token (LST) that is expanding at the fastest rate on Solana, has made a formal request to the Jito community to develop a governance framework for the network.Token holders will have the ability to have a say in the future of Jito Network, which will allow the network to grow and develop in order to meet the requirements of its users and the greater Solana ecosystem. This will be made possible with the launch of JTO.Holders of tokens collaborate with one another through the Jito Foundation, which is responsible for coordinating and organizing their selections. As with the Jito Network, it aims to accomplish the same things:<ul><li>Increase the value of stake with JitoSOL and related goods</li><li>Take Solana to the next level</li></ul>Articles of Association, Memorandum of Association, Constitution, Bylaws, and Articles of Association are the governing papers for Jito Foundation.<h3 id="details-of-the-allocation">Details of the Allocation</h3>It is anticipated that the Jito token (JTO) will have a total quantity of one billion JTO, with the initial circulating supply and float included in the following list:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/9ccc6260f0cb4764a1ce86a4025d9b41.png" />Jito tokens, also known as JTO, are distributed equally among the following primary categories:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/01be9e061ef74a359020a057e5272e7d.png" /><h3 id="important-notice">Important Notice</h3>The website allows anyone interested in the JTO airdrop to verify their eligibility. The Jito Foundation will keep you informed once their eligibility checker and airdrop claim tools are available.As soon as the airdrop claim window opens, a Command Line Interface (CLI) will be made available to validators and searchers.Be careful and suspicious of such frauds; Jito warn community members to be very cautious. The jito.network domain should always be present on any Jito Network-related webpage. You may rest certain that moderators from the Jito Network community will never initiate contact or beg for sensitive information.<a href="https://www.jito.network" rel="noopener noreferrer nofollow">https://www.jito.network</a>#JTO

Utilizing the Solana blockchain Jito has introduced the JTO Governance Token along with an Airdrop

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