On July 13, Jito Network announced that it will use 100% of the revenue share from the JTX platform to repurchase and burn $JTO tokens for at least the next year.According to the announcement, all proceeds generated from JTX revenue sharing will be continuously used to repurchase $JTO from the secondary market, and the repurchased tokens will be permanently burned to reduce the circulating supply.[BlockBeats]
On July 13, Jito Network announced that it will use 100% of the revenue share from the JTX platform to repurchase and burn JTO tokens for at least the next year.According to the announcement, all proceeds generated from JTX revenue sharing will be continuously used to repurchase JTO from the secondary market, and the repurchased tokens will be permanently burned to reduce the circulating supply.[BlockBeats]
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