JTO USD price: $loading… USDT | Change since yesterday: loading… (loading…%)
JTO USD price has changed by loading…% in the last 24 hours. It is currently trading loading…% from its 7-day all-time high price of loading… USD and loading…% from its 7-day all-time low of loading… USD.
Chart references JTO USD price live from Binance exchange. Jito network token JTO is available in Binance, Coinbase, Kucoin and more.
About JTO:
JTO is the governance token of Jito network, empowering the community members to have a direct impact on the decision-making and direction of the Jito Network.
About Jito Network:
Jito Network is a major contributor in the Solana ecosystem through its JitoSOL liquid staking pool, and its collection of MEV products. Users can exchange their SOL for JitoSOL. In return, holders maintain SOL’s liquidity and DeFi opportunities while earning yield from staking. JitoSOL uniquely provides its holders with additional rewards from transaction revenue associated with MEV extraction on Solana.
What is the use case of JTO token?
The total supply of JTO is capped at 1 billion tokens. JTO enables token holders to make key decisions to shape the future of Jito Network so that it continues to evolve and thrive in alignment with the needs of those it serves, and of the broader Solana ecosystem. These decisions and initiatives may include:
- Setting fees of the JitoSOL stake pool
- Updating delegation strategies by controlling parameters of the StakeNet programs
- Managing the treasury of JTO tokens held by the DAO and fees generated from JitoSOL
- Contributing to the ongoing development and improvement of Jito’s protocols and products
PS: Cryptocurrency including JTO are highly volatile and can experience sudden and significant price fluctuations in short period. The price of JTO, like any other cryptocurrency is influenced by various factors such as market sentiment, use case, adoption rate, regulatory developments, and competition from other cryptocurrencies. Therefore, investing in cryptocurrencies is a risky venture, and it's important to do your own research and exercise caution when making investment decisions.
