Introduction
On November 28th, Solana-based liquid staking protocol Jito unveiled its governance token JTO alongside an airdrop campaign. The protocol will distribute 100 million JTO tokens—90 million immediately and 10 million in 2025—as part of its community growth initiative.
Token Distribution Overview
JTO's total supply is fixed at 1 billion tokens with key allocations:
| Allocation Category | Percentage | Details |
|---|---|---|
| Community Growth | 34.3% | 10% retroactive airdrop + 24.3% DAO-controlled |
| Ecosystem Development | 25% | Funds protocol expansion & StakeNet innovations |
| Investors | 16.2% | 3-year vesting period |
| Core Contributors | 24.5% | Founders, employees, and early ecosystem builders |
| Foundation Reserve | 59.3% | Includes airdrop funds and strategic reserves |
Initial Circulation:
- 115 million JTO (11.5% of total supply)
- 583 million JTO float (unlocked supply)
Airdrop Specifics
Eligibility Criteria
Airdrop qualifications prioritize active network participants:
- Long-term JitoSOL holders
- DeFi users leveraging JitoSOL across protocols
- Validators running Jito-Solana MEV clients
- Active MEV product users
Snapshot Date: November 25, 2023
Scoring System:
- 1 point/day per JitoSOL held (2x points for DEX trades)
👉 Check your airdrop eligibility
Understanding Jito Network
Jito revolutionizes Solana staking by:
- Offering liquid staking tokens (JitoSOL)
- Distributing MEV rewards to stakers
- Maintaining 6.92% base APY + MEV bonuses
Key Metrics:
- $680M equivalent TVL (680k SOL)
- 50,000+ stakers
- Most widely adopted LST on Solana
"Jito's MEV approach maximizes network benefits while minimizing negative externalities." — Anatoly Yakovenko, Solana Labs CEO
Governance with JTO
Token holders govern critical functions:
- Setting JitoSOL staking fees
- Updating StakeNet delegation strategies
- Managing DAO treasury and revenue streams
- Funding network enhancements
👉 Explore Solana's staking ecosystem
Foundation Structure
The Jito Foundation oversees:
- 59.3% of total token supply
- Strategic partnerships
- Transparency reporting
- Governance documentation (forthcoming)
Governance Model:
- Community-controlled via Realms platform
- Independent oversight by WebSlinger advisors
- Token holder veto power over foundation decisions
FAQ Section
When can I claim my JTO airdrop?
The claim portal will launch soon—monitor Jito's official channels for updates.
What's the vesting schedule for team tokens?
Core contributor tokens follow multi-year vesting periods to ensure long-term alignment.
How does MEV boost JitoSOL yields?
Validators auction block space, with profits redistributed as extra APY to stakers.
Can I still earn airdrop points?
The scoring system closed on November 25th snapshot date.
Where will JTO be tradable?
Expect listings on major Solana DEXs post-airdrop distribution.
What's Jito's competitive advantage?
Its MEV-integrated liquid staking offers higher yields than traditional staking pools.