Explore the tokenomics of Jito(JTO) and review the project details below.
What is the allocation for Jito(JTO)?
The total supply of Jito (JTO) tokens is set at 1 billion, with a specific allocation plan designed to support various aspects of the Jito Network's ecosystem and growth:
- 25% are allocated for ecosystem development, intended to fund communities and contributors aiding the project’s growth.
- 24.5% are set aside for the core contributors, including employees, partners, and other internal project contributors. These tokens are distributed evenly over three years, starting one year after the airdrop.
- 16.2% are allocated to investors, to be distributed similarly over three years, beginning a year post-airdrop.
- 34.3% are designated for community growth. This includes 10% for the airdrop, with the remainder managed by DAO governance on the Realms platform
What is the supply schedule for Jito(JTO)?
The supply schedule for Jito (JTO) tokens is structured as follows:
- Team Allocation (245 million JTO): These tokens are distributed over three years, with the distribution commencing one year after the airdrop.
- Investor Allocation (162 million JTO): Similar to the team allocation, these tokens are also distributed over a three-year period, beginning a year post-airdrop.
This structured distribution is aimed at ensuring a gradual release of tokens into the market, aligning with the growth and development of the Jito Network.