Jito DAO plans to use 7.50 million JTO tokens for liquidity mining
2024-05-13 14:09:21
Jito DAO Proposal 2, co-authored by crypto risk management firm Gauntlet and the Jito Foundation, shows that the DAO will consider a proposal to use 7.50 million native JTO tokens (about $29 million) for liquidity mining. These budgets represent 3.1% of the 240 million JTO held in the DAO JTO 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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