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Jito Foundation is all set to launch a new governance token that will help in the management of the Jito Network.
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The Jito Foundation has issued a total of 1 Billion JTO tokens, intending to use them to organize and oversee various aspects of network management.
Jito Foundation, backing a liquid staking protocol on the Solana blockchain, is introducing a governance token aimed at facilitating the management of the Jito Network.
Jito Labs, a subsidiary of Jito Foundation, specializes in constructing infrastructure to mitigate the adverse effects of maximum extractable value on Solana’s ecosystem.
With the launch of the governance token, the Jito Foundation aims to empower community members, granting them a direct role in decision-making processes and steering the trajectory of the Jito Network.
According to a statement from the organization, the Jito MEV network of validators is now handling over 40% of the total stake on the Solana network. T
We współpracy z: https://www.thecoinrepublic.com/2023/11/28/solana-based-staking-protocol-jito-launches-governance-token/
