The Jito Network is a recently launched decentralized finance (DeFi) project on the Solana blockchain. The platform has been gaining traction recently due to the immense benefits it offers on the solana blockchain ecosystem. At the core of Jito Network is JitoSOL, the largest liquid staking token (LST) provider on Solana, boasting a total value locked of 6.6 million SOL or $402 million as of November 29, 2023.
Jito Network is a platform that combines the features of liquid staking and MEV (Miner Extractable Value) capabilities. It’s often likened to a blend of Lido’s liquid staking and Flashbot’s MEV capabilities, creating a unique space in the crypto world. Jito Network allows users to stake their SOL (Solana) tokens, participate in governance, and benefit from the innovative features offered by the platform.
How To Qualify For JTO Token Airdrop
To qualify for the JTO token airdrop, individuals initially earned points based on the amount of SOL they staked on the Jito platform, particularly in stake pools. The token allocation is determined by these points, with a snapshot taken on November 25th, 2023. Validators using the Jito-Solana client, MEV searchers, and traders utilizing Jito Network’s on-chain programs are also eligible for the airdrop.
How To Claim JTO Token Airdrop
The claim window for the JTO airdrop opened on December 7th, 2023, at 11 am ET (Token Generation Date). Eligible recipients have 18 months from this date to claim their JTO tokens. The claiming process involves visiting Jito’s official airdrop site at https://jito.network and using the provided airdrop claim tool. It’s crucial to exercise caution and only interact with official links from Jito to avoid potential scams.