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

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

Bitget2024/05/13 14:38

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.

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