Jito(JTO) Perpetual Contract Will Launch on Coinbase

Jito(JTO)

$3.22

0.54%

Listing

Source

According to Coinbase's official announcement, Jito (JTO) is soon going to be listed on the Coinbase cryptoc exchange.

Jito Listing Schedule

Coinbase International will open JTO perpetual contract transactions at or after 9:30 am UTC on May 16.

About Jito

Jito is the only liquid staking service for Solana that distributes MEV (maximum extractable value) rewards to holders. The Jito Stake Pool enables users to stake their Solana tokens in exchange for a liquid stake pool token (JitoSOL).

JTO is the name of the Jito Governance Token. The JTO token will be instrumental in empowering community members to have a direct impact on the decision-making and direction of the Jito Network.

Jito Token Distribution

Investors: 16.2% unlock over 3 years, with a 1-year cliff (16,200,000,000 JTO)
Core Contributors: 24.5% unlock over 3 years, with a 1-year cliff (24,500,000,000 JTO)
Ecosystem Development: 25% The ecosystem development portion of the token allocation is to fund communities and contributors that help drive the expansion of the premier liquid staking protocol on Solana and related network advancements, such as the innovative StakeNet. (25,000,000,000 JTO)
Community Growth: 34.3% Airdrpp 10%, 24.3% of the total supply will be controlled by DAO governance on the Realms platform (34,300,000,000 JTO)