Jito Labs Discloses 100 Million JTO Airdrop Details with 80% Reserved for JitoSOL Users

2023/12/07 08:47

In a recent update, Jito Labs, the Solana ecological MEV infrastructure developer, shared insights into the distribution plan for its 100 million JTO airdrop. Notably, 80% of this allocation is designated for JitoSOL users.

Airdrop Breakdown:

1. Jito-Solana Validators: 15% Allocation

Jito Labs earmarks 15 million JTO (10% of the total airdrop) for Jito-Solana validators, recognizing their role in supporting the Solana network.

2. Jito MEV Searchers: 5% Allocation

A smaller portion, 5% or 500 thousand JTO, is allocated to Jito MEV searchers, acknowledging their contributions to the MEV infrastructure.

3. JitoSOL Users: 80% Allocation

The lion's share of the airdrop, 80 million JTO, is reserved for JitoSOL users who held a minimum of 100 points before November 25, 2023.

Verification and Collection Process: Users are encouraged to verify their Solana wallet addresses for qualification. Upon the airdrop launch, they can initiate the JTO token collection process through the official website.

Exclusions from Airdrop:

Jito Labs explicitly states that previous and current core contributors are not eligible for the JTO airdrop. This exclusion encompasses core contributor wallets holding JitoSOL, validators operated by core contributors, and gold wires managed by core contributor Finch Searchers (note: core contributors abstain from MEV participation).

The JTO airdrop presents an opportunity for active JitoSOL users, validators, and MEV searchers to benefit from the distribution. However, it's crucial to note the exclusion of core contributors from this airdrop initiative.

While the airdrop brings potential rewards, the exclusion of core contributors may raise questions about the inclusivity of this distribution strategy.

JITO (JTO) Price

Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. You are welcome to join us in our growing Coinlive community:https://t.me/CoinliveHQ

Add Comment

LoginLeave your comments

0 Comments

Earliest

Load more comments

More news about jto airdrop

6 days ago
Solana validator operator Laine: Upgraded to 1.18.12 jto -solana
Bullish
Bearish
May 02
JTO breaks through 3.5 USDT, with a 24-hour increase of 20.18%
Bullish
Bearish
Apr 03
JTO broke through 5.1 USDT in the short term, hitting a record high
Bullish2
Bearish1
Mar 04
Over 10,000 participants join Bybit Airdrop Arcade
Bullish
Bearish
Dec 17
Beyond JTO: Can These 3 Airdrop Gems Recreate Solana’s Craze?
Bullish2
Bearish
Dec 08
Bitget launches JTO airdrop event with a total prize pool of 50,000 JTO
Bullish2
Bearish
Dec 07
Jito Labs: The JTO airdrop application window will open at 0:00 on December 8
Bullish
Bearish
Dec 07
지토, 12/7 JTO 에어드랍 클레임 오픈
Bullish
Bearish
Dec 05
Jito Labs reveals the distribution of 100 million JTO airdrops, 80% of which are allocated to JitoSOL users
Bullish1
Bearish1
Mar 17
Bitget Launches SUIBG Airdrop Sweepstakes
Bullish
Bearish1

Jito Labs Discloses 100 Million JTO Airdrop Details with 80% Reserved for JitoSOL Users

Airdrop Breakdown:

Exclusions from Airdrop:

More news about jto airdrop

More news about jto airdrop

Airdrop Sleek: Pioneering Social Networking in the Web 3.0 Era

Missed The JTO Pump? Do not miss tensor airdrop, marginfi airdrop and other upcoming solana airdrops

Coinbase Expands Portfolio with Solana-Based $JTO Token Listing

Everything You Need To Know About the Arbitrum Airdrop

Flare Airdrop: Will Celsius Users Receive Their Tokens?

[Guide] Scroll Pre-Alpha Whitelisting and Airdrop Tutorial

How To Land the Next Big Airdrop if You Missed Aptos

How To Land the Next Big Airdrop if You Missed Aptos

Metahero’s Everdome Completes Snapshot for the Genesis NFT Airdrop

Airdrop rumors lead to surge in activity on MetaMask Swap and Polygon