Discover Jito JTO: Decentralized governance!

What is Jito (JTO)? Jito JTO, the governance token introduced by the Jito Foundation, aims to empower community members to actively participate in the decision -making processes and influence the management of the Jito network. The Jito network has made substantial progress within the Solana ecosystem, its jitosol being the largest and fastest of liquid stuking tokens (Liquid Staking Token or LST) on Solana. Governance with the launch of JTO, tokens holders can make key decisions to shape the future of the Jito network so that it continues to evolve and prosper in alignment with the needs of those it serves and the ecosystem Wider Solana. These decisions and initiatives may include: set the costs of the Jitosol Staking pool. Update delegation strategies by controlling Stakenet programs. Manage the Treasury of Tokens JTO held by the DAO and the costs generated by Jitosol. Contribute to the continuous development and improvement of Jito protocols and products. The tokenomics of JTO The JTO token can boast of a total offer of 1 billion tokens. The distribution of tokens is as follows: community growth: 34.3% - 342,857,143 JTO These tokens are allocated to the growth of the Jito community. The first use is a retrospective Airdrop for 10% of the total offer to members of the Jito community in recognition of their contribution to the start of the network and to facilitate robust participation in governance (see additional details below). The remaining tokens (24.3% of the total offer) will be controlled by DAO governance on the Realms platform. The use and rhythm of distribution of these tokens are the governance of tokens holders. The objective is to develop the community and the usefulness of the Jito network. Development of the 25% ecosystem - 250,000,000 JTO The Jito network has experienced a solid departure, but the mission to improve the Solana network and the storage economy is far from over. The development part of the tokens allowance ecosystem is intended to finance communities and contributors who help stimulate the expansion of the first liquid stuking protocol on Solana and related network progress, such as the innovative Stakenet . Stakenet is designed as an autonomous protocol for Solana's timeless LSTs, which the foundation intends to open to other platforms. Investors 16.2% - 162,142,857 JTO Jito Labs had the chance to count on the support of leading investors in the Solana community since its creation. Their expertise and strategic advice have played a decisive role in the growth and development of the network in the past two years. The tokens allocated to investors are unlocked over 3 years, with a one -year cliff. Main contributors 24.5% - 245,000,000 JTO A part of the JTO tokens is allocated to the founders of Jito and to current and future employees as the first contributors to the ecosystem. These tokens are acquired and unlocked over 3 years, with a one -year cliff. Impact on the Solana ecosystem The launch of the JTO token is not only an important step for the Jito community, but also a significant event for the Solana ecosystem in the broad sense. It highlights the growing trend in liquid stoking protocols and the growing role of community governance in the DEFI sector. In addition, this movement aligns with similar actions taken by other Solana protocols such as Pyth and Jupiter, which also loved their governance tokens. The Airdrop should have a positive impact on the demand for soil tokens and potentially stimulate its price. The future of the Jito network with the launch of JTO, the Jito network is ready to continue its growth and innovation. The tokens allowance is strategically designed to finance communities and contributors who promote the expansion of the first liquid stuking protocol on Solana and the related advances in the network. Stakenet: a key stakenet innovation, an autonomous protocol for Solana's LST, is an integral part of the future of the Jito network. This innovative protocol should play a crucial role in the development and success of the network.