Solana-Based DeFi Protocol Jito Airdrops $225M in Tokens to Users
Jito, a decentralized finance protocol based on Solana, has distributed over 90 million of its native token to early adopters who helped bootstrap the network. The Jito Foundation allocated 80% of the airdrop to users who participated in the Jito Points program, with wallet addresses holding 100 Jito Points before November 25 qualifying for the airdrop. The remaining tokens were designated for validators and MEV searchers. With a total value locked of $456.14 million, Jito ranks as the second-largest DeFi protocol on Solana.
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