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Jito
Dec 05, 2023
defi
Alive
solana
liquid-staking-governance-tokens, liquid-staking, mev, decentralized-finance
Delphi ventures, Multicoin capital, Alameda research
Website
Jito Network is a high-frequency trading infrastructure for Solana, focusing on MEV optimization and liquid staking.
Current Price
$0.558679
Market Cap
$279187868
Circulating Supply
499728968.2
Total Supply
1000000000.0
FDV
$558678575
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Airdrop Details
| Information |
Details |
| Airdrop Type |
retroactive |
| Total Airdrop Amount |
100,000,000 JTO (10% of total supply) |
| Number of Eligible Users |
9,852 unique addresses (JitoSOL users only) |
| Number of Claimants |
Not Known |
Timeline
| Event |
Date |
| Blockchain Snapshot |
January 1, 2023 - November 25, 2023 |
| Claiming Started |
Not Yet Announced |
| Claiming Ends |
18 months after Token Generation Date |
Token Distribution
| Distribution |
Amount |
| Maximum |
104,391 JTO (JitoSOL users) / 192,308 JTO (Validators) / 800,000 JTO (Searchers) |
| Median/Average |
Not Known |
| Minimum |
4,941 JTO (JitoSOL users) / 18,316 JTO (Validators) / 10,000 JTO (Searchers) |
JitoSOL Users – 80,000,000 JTO
| Tier |
JTO Tokens per User |
Number of Users |
Total JTO Tokens Allocated |
| 1 |
4,941 |
4,930 |
24,359,130 |
| 2 |
6,964 |
2,465 |
17,166,260 |
| 3 |
9,981 |
1,233 |
12,098,080 |
| 4 |
13,817 |
617 |
8,525,089 |
| 5 |
19,505 |
308 |
6,007,540 |
| 6 |
27,489 |
154 |
4,233,306 |
| 7 |
38,742 |
77 |
2,983,134 |
| 8 |
53,902 |
39 |
2,102,178 |
| 9 |
77,967 |
19 |
1,481,373 |
| 10 |
104,391 |
10 |
1,043,910 |
Jito-Solana Validators – 15,000,000 JTO
| Tier |
JTO Tokens per Validator |
Number of Validators |
Total JTO Tokens Allocated |
| 1 |
18,316 |
91 |
1,666,758 |
| 2 |
36,630 |
91 |
3,333,330 |
| 3 |
96,152 |
52 |
4,999,904 |
| 4 |
192,308 |
26 |
5,000,008 |
Jito MEV Searchers – 5,000,000 JTO
| Tier |
JTO Tokens per Searcher |
Number of Searchers |
Total JTO Tokens Allocated |
| 1 |
10,000 |
5 |
50,000 |
| 2 |
37,500 |
4 |
150,000 |
| 3 |
66,667 |
3 |
200,000 |
| 4 |
280,000 |
5 |
1,400,000 |
| 5 |
800,000 |
4 |
3,200,000 |
- JitoSOL Users: Wallets with at least 100 Jito Points prior to Nov 25, 2023 (9,852 addresses).
- Jito-Solana Validators: Validators that operated the Jito-Solana client between epochs 366 and 536 and for at least one epoch from 527 to 536.
- Jito MEV Searchers: Searchers who tipped at least 1 SOL cumulatively between epochs 366 and 536.
- Excluded Addresses: Core contributors, JitoSOL validator wallets owned by contributors, and MEV searcher canaries operated by core contributors.
Important Links
- 50% of the validator and searcher allocations unlock at genesis, with the remaining 50% vesting linearly over 12 months.
- Unclaimed tokens will be transferred to the DAO treasury after 18 months.
- JitoSOL user allocations follow a tiered system, with smaller holders receiving proportionally larger rewards.