Jito initiated a proposal to use 7.5 million JTO tokens for liquidity mining

ChainCatcher news, the second proposal of Jito DAO co-authored by the encryption risk management company Gauntlet and the Jito Foundation, in which the DAO will consider a proposal to use 7.5 million native JTO tokens (approximately 29 million USD) for liquidity mining. This budget accounts for 3.1% of the 240 million JTO held in the DAO's JTO treasury, representing 0.75% of the total JTO supply. The foundation will return all unused tokens by the end of the year.