Jito DAO plans to use 7.5 million JTO tokens for liquidity mining
Golden Finance reports that Jito DAO Proposal No. 2, co-authored by crypto risk management company Gauntlet and Jito Foundation, shows that the DAO will consider a plan to use 7.5 million native JTO tokens (approximately $29 million) for liquidity mining. proposal. These budgets represent 3.1% of the 240 million JTO held in the DAOJTO vault and 0.75% of the total JTO supply. The Foundation will return all unused tokens at the end of the year.
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.
You may also like
Monad co-founder: Locked MON tokens cannot participate in staking
Stables Labs: USDX recovery plan has been launched, and the claim registration window is now open