There is a maximum and total supply of 1,000,000,000 CHEEL tokens. Its distribution plan schedule is described in the CHEEL Token Distribution table below. Of the total token supply, 12.25% were set aside in the Reserve fund. Another 0.2, 0.15, and 0.05% were allocated for the Strategic round 1, Strategic round 2, and Private round, respectively. The team secured 10% of the total token supply. 0.125% of the total supply was set aside for community drops, and another 0.5% was dedicated as rewards to advisors on the project. The vast majority of tokens are allocated like this: 10% of the total token supply goes to the liquidity fund, 28.625% to marketing, and 38.1% to rewards inside the app. Currently, 262,591,215 CHEEL tokens are in active circulation, which represents 26% of the total supply available as of June 2023.

As was just mentioned, the median daily time spent on social media for adults is 2.5 hours. Zoomers spend an average of 10 hours a day on their phones, most often watching short videos. Competition among content creators for consumers' attention is fierce as the flood of available content continues to grow while users' free time is limited. The current situation was predicted fifty years ago by Nobel laureate Herbert Simon. He proposed the idea of the "Attention Economy," in which people's time and focus will become the most valuable resources due to the exponential growth of available data. As our culture shifts from being industrial to knowledge-based, we should expect previous estimates, which were comparable to oil and gold, to be replaced by the value of attention. We are currently living in an attention economy, and Cheelee is the first company to acknowledge this by offering rewards to its consumers in exchange for their attention.

58.4% of the world population spends 2 hours and 27 minutes on social media daily. However, a few centralized organizations and their shareholders use social media users as products to monetize their attention, interactions, and data. YouTube, TikTok, and other Web2 platforms give monetizing opportunities only for creators, not users, though paradoxically, in such applications, the content consumers are the main value because advertising and other economic mechanics are aimed at them. Cheelee is the first social media platform to prioritize ordinary users. Users watch videos as they always have, but now they are paid for it. This makes Cheelee a unique and socially significant project because it includes the vast majority of social media users in the earning system for the first time. Cheelee is more than another 2Earn project with a Watch-to-Earn model onboard. Here are some reasons why Cheelee stands far away from any P2E project that has ever emerged on the blockchain market to this day. * Cheelee has a stable financial model in which 40% of total revenue comes from advertising. By comparison, in all 2Earn projects, this figure is only about 1%. All their revenues come from NFT sales, so when the market is down, their newcomers decline, and this is fatal for them. Cheelee, with its additional sources of income, can withstand any market conditions, including long and severe crypto winters. * Cheelee is first and foremost a social network, and the social networking market now includes 4.6 billion users, which allows for continuous growth for at least 10 years due to the influx of new users. Consider also that the social networking market does not stand still and is constantly growing! * Cheelee allows you to buy NFT for fiat. Yes, you can buy NFT glasses on Cheelee Marketplace via bank card, and also exchange crypto for fiat inside your wallet and withdraw fiat money to your card. Cheelee is the first project in the world to implement this kind of functionality. It's a real mass adoption! * Familiar userflow: in the Cheelee app, users don't need to change their habits. All they have to do is do the usual things — spend time on social network watching the feed of short videos adjusted to their tastes by a smart self-learning AI machine. In many other 2Earn projects, users have to change their lifestyle to make money — start running a lot, feeding their virtual pet, or walking for hours a day.

Ruslan Sharov, Founder and CEO of Cheelee brings a wealth of experience and expertise to the team. With a background in technology and a deep understanding of blockchain, Ruslan spearheads the company’s vision of revolutionizing the social media landscape. His strong leadership and strategic acumen have been instrumental in driving Cheelee’s growth and positioning it as a key player in the emerging SocialFi industry. Roman Alekseev is Co-Founder of NUTSon and Cheelee short video platforms and a venture capitalist with a $500-million investment portfolio. Roman is a crypto millionaire who invested in 44 crypto projects and a serial entrepreneur with more than 20 years of experience in the international market. Roman is a philanthropist, mentor, and visionary. Yuriy Kardonov, CPO and Co-Founder of Cheelee is a seasoned professional with a passion for creating exceptional user experiences. With his extensive knowledge of product development and user-centric design, Yuriy plays a vital role in shaping Cheelee’s innovative platform. His dedication to creating seamless and engaging interactions ensures that Cheelee delivers a truly immersive social media experience. Yuriy’s technical prowess and commitment to excellence make him an invaluable asset to the Cheelee team.

Launched in February 2023 by NUTSon, Cheelee is a GameFi short video platform that follows an Attention Economy approach. Cheelee users earn while watching the feed. Cheelee breaks the barrier to cryptocurrency mass adoption by allowing a worldwide audience of 4.6 billion social media users to seamlessly enter the GameFi world. Cheelee is a fully working product accessible for download from App Store and Google Play. The app is user-friendly and has zero entry, as all users get Starting NFT-glasses for free right after registration. Also, they can increase their earnings with rarer NFTs and a set of gaming tools. All of these make Cheelee the first crypto-related project with a potential audience that is almost half the size of humanity. According to the official whitepaper, the Cheelee platform’s main mission is to provide everyone with the opportunity to monetize their time spent on social networks. The platform focuses on its main goal of turning Cheelee into a lifestyle where users from around the world can have fun and simultaneously monetize time spent on the app. Cheelee employs the powers of blockchain technology by introducing the CHEEL and LEE tokens, both of which have a number of utilities on the platform and can be considered quite promising in terms of holding for a number of features we will describe below in the relevant part of the article.

Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents Ethereum 2 (ETH2), which is ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.

FRAX, the stablecoin, is available on many major exchanges and DeFi platforms like Uniswap and DEXes. The [Frax Shares](https://coinmarketcap.com/currencies/frax-shares/) (FXS) tokens are also available and as liquid as the stablecoin. Investors looking to purchase upside and governance rights to the world’s first fractional-algorithmic stablecoin should buy [Frax Shares](https://coinmarketcap.com/currencies/frax-shares/) (FXS). Users who want stability by using the world’s only fractional-algorithmic stablecoin should purchase FRAX.

The Frax Protocol is the brainchild of American software developer Sam Kazemian who came up with the first idea of a fractional-algorithmic stablecoin in 2019. The founding team of Frax engineers includes Travis Moore and Jason Huan. Sam Kazemian originally devised the idea when he noticed that stablecoins were growing rapidly but none had any mixture of algorithmic monetary policy and collateralization. Projects that had purely algorithmic monetary policy had failed or shut down without any significant traction. Frax was designed as an answer to measure the market’s confidence in a partly algorithmic and partly collateralized stablecoin.

The Frax Protocol is a community driven and unique design stablecoin. Over 60% of the supply of FXS is issued over a number of years to liquidity providers and yield farmers. It is an entirely decentralized protocol with governance onchain. It is also the first and only stablecoin to incorporate the fractional-algorithmic hybrid design at the time of its launch in November 2020.

The supply of the FRAX stablecoin is dynamic and always changing to keep the price at $1 due to its fractional-algorithmic monetary policy. The supply of the [Frax Shares](https://coinmarketcap.com/currencies/frax-shares/) (FXS) tokens are hard capped to 100 million tokens at genesis with no inflation schedule in the protocol. The FXS token is the governance token which accrues all value of new minted FRAX, fees, and excess collateral. FXS is an investment and governance asset while FRAX is the currency token.

The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The protocol incorporates the following concepts: Fractional-Algorithmic – Frax is a unique stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. The ratio of collateralized and algorithmic depends on the market's pricing of the FRAX stablecoin. If FRAX is trading at above $1, the protocol decreases the collateral ratio. If FRAX is trading at under $1, the protocol increases the collateral ratio. Decentralized & Governance-minimized – Community governed and emphasizing a highly autonomous, algorithmic approach with no active management. Fully on-chain oracles – Frax v1 uses Uniswap (ETH, USDT, USDC time-weighted average prices) and Chainlink (USD price) oracles. Two Tokens – FRAX is the stablecoin targeting a tight band around $1/coin. [Frax Shares](https://coinmarketcap.com/currencies/frax-shares/) (FXS) is the governance token which accrues fees, seigniorage revenue, and excess collateral value. Before Frax, stablecoins were divided into three different categories: fiat collateralized, overcollateralized with cryptocurrency, and algorithmic with no collateral. Frax is the first kind of decentralized stablecoin to classify itself as fractional-algorithmic ushering in the 4th and most unique category.

Orbler is a dynamic Web3 marketing platform bridging Web2 audiences, offering missions, staking, and community-driven growth strategies. ORBR is the utility token that is used for: * Exclusive Access: Orbler Token (ORBR) can be utilized to gain access to premium access on the Orbler Web3 Marketing Platform. This can enable users to avail exclusive features, insights, and tools tailored to optimize their Web3 marketing efforts. * Staking and Earning: Holders of the ORBR token have the opportunity to stake their tokens in various staking pools available on the platform. By doing so, they can earn additional ORBR tokens based on the set Annual Percentage Rate (APR) of each staking pool. Orbler tools: * Missions Platform: A unique feature where projects can set up interactive tasks and challenges. Users engage with these 'Missions' to earn rewards, enhancing project engagement and community involvement. * Social Media Engagement Enhancer: Through captivating digital adventures, Web3 projects can enhance their activity and interactions on various social media platforms. * Community Building Tools: Orbler prioritizes creating strong, involved, and adventure-driven communities. The platform provides avenues for users to connect, collaborate, and grow together. * Web3 Integration: Orbler is deeply rooted in the decentralized Web3 world, ensuring that projects and users have the tools they need for seamless integration and interaction within this ecosystem. * Rewards System: An intrinsic part of the missions where users can earn rewards, motivating them to participate actively and consistently. How it works: * Easily connect with your supported Web3 wallet, link to your social media accounts, follow your favorite communities, and embark on missions to earn rewards. * Setting up your community page on Orbler is a few easy steps! Visit Orbler website, connect your wallet, input your community details, and voila! Once done, you'll secure a personalized page like app.orbler.io/bitcoin to mark your exclusive Orbler space. * Utilize this feature to invite team members and collaboratively manage your community pages. * Through the dashboard, you can create, manage, and view all missions, as well as gather insights from community-related statistics.

In PoSA, validators (i.e., nodes that validate transactions and blocks) must first stake a fixed amount of tokens, which is 8192 for all validators, to participate in the consensus process. This stake serves as collateral, ensuring that validators act in an honest manner. However, in PoSA, the ranking of a validator is determined not only by the size of their stake but also by the activity of their smart contracts. The activity of a smart contract is the sum of all gas used by users when interacting with the contract. The more gas a contract uses, the more active it is considered to be. This activity is then combined with the validator's stake to determine their rank. The advantage of this approach is two-fold. Firstly, it provides an incentive for developers to create high quality, highly used contracts, which helps to maintain the overall health and security of the network. Secondly, it helps to decentralize the network, as validators with high quality, high usability contracts will have a greater influence in the consensus process. It's important to note that even validators without activity are still important to the network, as they play a role in maintaining its security and stability.

PoSA is a novel consensus algorithm that blends the strengths of PoS with an additional activity parameter. The activity parameter is calculated based on the usage of the smart contracts deployed on the network. In simple terms, the more a smart contract is used, the more impact it will have in the consensus process. This creates an incentive for contract developers to create high-quality, highly-used contracts, as they will have more impact in the network.

Bahamut is an EVM-based, layer 1, public blockchain solution that aims to transform how distributed networks approach block rewards among network participants by adding a crucial parameter to the algorithm - activity. The activity parameter is represented by the amount of gas used by a validator's smart contract, and this amount is taken into consideration when distributing the chance to become a block proposer and earn rewards. Bahamut’s novelty consensus – Proof of Stake and Activity (PoSA) – has been developed by Fastex engineers. Currently, Bahamut has over 4200 validators, 600,000 transactions, and 200,000 FTN holders. PoSA is a variation of PoS (Proof of Stake), which adds a new parameter called activity. This activity is represented by the total amount of gas spent by a validator-deployed smart contract, and it is taken into account when determining the chances of becoming a validator in the next epoch. Put simply, the more activity a validator has, the higher their chances of becoming a validator in the future, and the greater the rewards they can earn.

FTN is the native currency of Bahamut blockchain, a public EVM-based layer 1 solution with a novelty consensus called Proof of Stake and Activity (PoSA). FTN serves as the gas unit for Bahamut, enabling staking and block creation and validation mechanisms, as well as cross-chain operations. Initially, FTN was emitted as an ERC-20 token that serves as a utility token for the whole SoftConstruct - a leading IT solutions provider - ecosystem, enabling users to settle all kinds of business and personal arrangements between themselves and any of SoftConstruct’s products and services.

PAAL IS AN ADVANCED CHATBOT BUILT ON AI AND ML TECHNOLOGIES, DESIGNED TO STREAMLINE TASKS THAT TYPICALLY REQUIRE HUMAN INTELLECT, SUCH AS NATURAL LANGUAGE UNDERSTANDING, IMAGE RECOGNITION, DECISION-MAKING, AND PROBLEM-SOLVING. PAAL AI, A TOKEN ON ETHEREUM, INCENTIVIZES HOLDERS WITH PROFIT SHARING AND TOKEN BUYBACKS TO DRIVE TOKEN DEMAND AND PRICE. USERS CAN EARN TOKENS THROUGH INTERACTIONS WITH OUR AI SERVICE, MAKING REFERRALS, AND CONTRIBUTING TO THE COMMUNITY.BETA LEGEND HAS ALSO SUPPORTED THE COMMUNITY. FINALLY, TOKENS ENABLE GOVERNANCE VOTING AND CAN BE STAKED FOR INTEREST, UNLOCKING PREMIUM FEATURES. WE ALSO ACCEPT ETHEREUM FOR SERVICE PURCHASES, OFFERING ENTICING DISCOUNTS.

Designed and launched by Richard Heart on 2 December 2019, HEX describes itself as a Certificate of Deposit on the blockchain. HEX is an ERC20 token launched on the Ethereum network. HEX is designed to be a store of value to replace the Certificate of Deposit as the blockchain counterpart of that financial product used in traditional financial markets. HEX is also designed to leverage off the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies within the Ethereum network. HEX uses the Ethereum network for the transaction layer (sending and receiving HEX tokens, as well as interacting with the HEX smart contract), whilst the consensus code and staking mechanism is contained in the HEX smart contract. HEX allows a user to stake his or her HEX coins for a share of the new HEX coin issuance, or inflation and contains features designed to incentivize behaviors that encourage price appreciation and disincentivize behaviors that encourage harm to the price. The HEX smart contract penalizes stakers for ending their stake early and rewards them for staking larger amounts of HEX for longer periods. HEX is distributed to Bitcoin holders by way of a snapshot of the Bitcoin UTXO set that occurred on 2 December 2019 at block height 606227. The distribution of HEX to Bitcoin holders is 10,000 HEX per 1 BTC. Bitcoin holders are able to claim HEX only during the first year of launch. During this period, HEX is also obtained in exchange for ETH through interacting with the HEX smart contract. At the end of the first year of launch, all HEX coins that were not claimed by Bitcoin holders are distributed to the rest of the HEX users who have stakes that are active. The maximum possible annual inflation of HEX is designed to be 3.69% after the first year of launch.

The Rollbit token (RLB) was launched as an integral part of the Rollbit lottery. There was no ICO for RLB. Instead, Rollbit have airdropped RLB for free to existing users of it's casino and trading platform, Rollbit.com The RLB lottery will drive the demand for the token, acting as entry tickets that give holders the chance to win a share of the casino’s profits. RLB tokens must be staked to enter the lottery. The prizes will come from our profit sharing pool, where 20% of all the casino’s profits on a daily basis will accumulate over the course of each round. By having a proven product and with Rollbit already running at a profit before launching the token, RLB provided utility from day one by being an integral part of the lottery, with prizes coming from a share of Rollbit's profits. The supply of RLB is capped at 5 billion coins. To access the lottery, RLB must be staked in each round where half of the 0.20% staking fee will be burned (i.e., permanently removed from the supply). Since each round will see RLB permanently removed from the supply, the number of tokens in circulation will gradually fall over time, helping to support value growth. The other half of the staking fees will accrue to staked Rollbots, Rollbit's NFT project. When all RLB tokens are staked, there’ll be a burn rate of 45% of the total supply per year. As more RLB is staked, this leads to a greater reduction in supply as a higher number of tokens are burned to enter the lottery. And as demand increases over time, this puts upward pressure on the price of RLB.

AUDIO is available on [Binance](https://coinmarketcap.com/exchanges/binance/), [Uniswap (V2)](https://coinmarketcap.com/exchanges/uniswap-v2/), [BitStamp](https://coinmarketcap.com/exchanges/bitstamp/) and [Gate.io](https://coinmarketcap.com/exchanges/gate-io/).

Audius chose to migrate to Solana because of the growing demand. The team indicated Solana was chosen for several reasons. First, it’s cheap, offering 1m transactions for 10$. It’s also fast, with block times of 400ms and confirmations under one second. Finally, Solana is decentralized, with over 200 nodes on its mainnet. Staking and governance functionality still remain on Ethereum, with AUDIO being a [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) token. Solana is a layer one blockchain with a [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism) with partial Byzantine fault tolerance. It has 200 nodes operating worldwide that can, at their peak, process up to 50,000 transactions per second. Solana performs a set of coordinated optimizations to achieve such impressive performance and processes transactions in a multi-threaded way, which sets it apart from slower blockchains.

The total supply of AUDIO is 1 billion tokens, with a current circulating supply of 411m AUDIO. The yearly inflation is 7%, and 50 million AUDIO were distributed to the top 10 artists and fans, with 75% going to artists based on stream count. The token distribution is as follows: * 23% to premined rewards and airdrops * 36% to investors * 41% to founders and the protocol itself The token is designed for three main purposes: * Securing the network * Unlocking access to features * Acting as a governance token Tokens can be staked as collateral of value-added services. Node operators can also stake AUDIO to secure the network and run the protocol, while each token also receives governance weight and influences the protocol’s future.

The Audius ecosystem consists of four main participants: artists, fans, content nodes and discovery nodes. Artists publish content on the Audius content ledger. They can do so at no cost and music is streamed at 320kbps, comparable to standards of [Spotify](https://www.spotify.com/us/) and [Google Play Music](https://play.google.com/music/listen). Because of Audius’ decentralized nature, there is no copyright protection, although the protocol is working on an arbitration system that will be overlooked by the community. Artists can use Audius to experiment or share bonus tracks, and the platform plans to include artist tokens to facilitate monetization, subject to artists staking AUDIO. Artists can also articipate in reward schemes that see tokens airdropped to the most popular artists. Fans can listen to tracks for free and may in the future be able to stake AUDIO to participate in artists’ growth on the platform. They can also showcase their verified NFTs through the platform and earn different badges. Content nodes maintain the availability of content on AudSP, the platform-native extension to IPFS. An artist’s client elects a set of these nodes to do so automatically on the artist’s behalf, while fan clients fetch the content, submit proof, and request keys to content nodes. Artists could also choose to run their own content nodes and maintain greater control over their content distribution. The content ledger maintains a record and a single source of truth for all actions on the protocol. Discovery nodes index metadata queryable by users In other words, they enable users to find new content and act as its registry on the platform.

Audius was founded in 2018 by Roneil Rumburg and Forrest Browning, two California-based entrepreneurs. Roneil Rumburg is a Stanford University alumnus who co-founded Kleiner Perkins, an early-stage seed fund investing in blockchain and AI companies. Forrest Browning, also a Stanford alumnus, is a Forbes 30 Under 30 recipient and a co-founder of StacksWare, an enterprise data center management platform. The team is complemented by 21 other employees and backed by a host of other illustrious names, such as deadmau5, a popular electronic music producer, Adam Goldberg, co-founder and MD of Stanford Crypto, and Bing Gordon, co-founder of EA Games.

[Audius](https://coinmarketcap.com/currencies/audius/markets/) is a decentralized music streaming protocol initially built on [POA network](https://coinmarketcap.com/currencies/poa/), but now living on [Solana](https://coinmarketcap.com/currencies/solana/). Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their audience. Audius aims to align the interests of artists, fans, and node operators through its platform powered by its native AUDIO token. Artists can upload music, stored and distributed by content and discovery nodes, that fans can listen to for free. Currently, Audius rewards content creators through rewards like featuring in the weekly trending lists. In the future, it plans to integrate stablecoins for artists to offer paid content, as well as artist tokens that give fans the ability to access exclusive content, potentially cooperating with platforms like [Rally](https://coinmarketcap.com/currencies/rally/).

SafePal has a maximum supply of 500 million SFP tokens, of which about a quarter is currently in circulation. The circulating supply of SFP will continue to grow as more people use the wallet. SafePal users earn SFP tokens as part of [staking](https://blog.safepal.io/introducing-safepal-earn/?utm_source=CoinMarketCap&utm_medium=CPC&utm_campaign=CoinMarketCap+Gravity&utm_id=CMC&utm_content=SafePal+Info+Content) rewards, participating in SafePal campaigns, and completing tasks within the wallet app. As per SafePal’s [official source](https://www.safepal.io/pub/SFP_Whitepaper.pdf), the token allocation is as follows: * Team: 20.00% of the total token supply * Foundation Reserve: 20.00% of the total token supply * Community: 15.00% of the total token supply * Product & Marketing: 15.00% of the total token supply * Strategic Sale: 9.00% of the total token supply * Partnership & Ecosystem: 5.00% of the total token supply * Private Sale: 4.00% of the total token supply * Airdrop: 5.00% of the total token supply * Seed Sale: 2.00% of the total token supply

SafePal aims to offer affordable hardware wallets as well as secure software wallets for users. The wallet platform supports multiple cryptocurrencies, including [Biitcoin](https://coinmarketcap.com/currencies/bitcoin/), Ethereum and [BNB](https://coinmarketcap.com/currencies/binance-coin/). Its native token [SFP](https://www.safepal.io/sfp?utm_source=CoinMarketCap&utm_medium=CPC&utm_campaign=CoinMarketCap+Gravity&utm_id=CMC&utm_content=SafePal+Info+Content) is the utility token of the wallet and is used to offer discounts for users, incentivize SafePal users and more.

[SafePal](https://safepal.io/?utm_source=CoinMarketCap&utm_medium=CMC+Introduction+Page&utm_campaign=CoinMarketCap+Gravity&utm_id=CMCG&utm_content=SafePal+Basic+info+Content) is a cryptocurrency [wallet](https://coinmarketcap.com/alexandria/glossary/wallet) launched in 2018 that helps users to protect and grow their digital assets. SafePal provides [hardware](https://shop.safepal.io/products/safepal-hardware-wallet-s1-bitcoin-wallet?utm_source=CoinMarketCap&utm_medium=CPC&utm_campaign=CoinMarketCap+Gravity&utm_id=CMC&utm_content=SafePal+Info+Content) and software wallets, all paired and managed through the [SafePal App](https://www.safepal.io/download?utm_source=CoinMarketCap&utm_medium=CPC&utm_campaign=CoinMarketCap+Gravity&utm_id=CMC&utm_content=SafePal+Info+Content) and was the first [hardware wallet](https://coinmarketcap.com/alexandria/glossary/cold-wallet) invested in and backed by Binance. SafePal wallet supports numerous popular crypto-assets, in addition to popular tokens on the [Ethereum](https://coinmarketcap.com/currencies/ethereum/), [Binance Smart Chain (BSC) ](https://coinmarketcap.com/alexandria/article/what-is-binance-smart-chain)and [TRON](https://coinmarketcap.com/currencies/tron/) blockchains. Users can store, manage, swap, trade and grow their portfolio without compromising asset security, according to SafePal. Since its launch in 2018, SafePal has grown exponentially and has over 3,000,000 users in 196 countries globally. More information can be found in the [SafePal Official Website](https://safepal.io/?utm_source=CoinMarketCap&utm_medium=CMC+Introduction+Page&utm_campaign=CoinMarketCap+Gravity&utm_id=CMCG&utm_content=SafePal+Basic+info+Content).

JTO enables token holders to make key decisions to shape the future of Jito Network so that it continues to evolve and thrive in alignment with the needs of those it serves, and of the broader Solana ecosystem. These decisions and initiatives may include: * Setting fees of the JitoSOL stake pool * Updating delegation strategies by controlling parameters of the StakeNet programs * Managing the treasury of JTO tokens held by the DAO and fees generated from JitoSOL * Contributing to the ongoing development and improvement of Jito’s protocols and products