Prepare for Launch: Derivatives Exchange JOJO to Hold Native Token TGE on July 29

IconCryptoNewsTerminal Staff25 Jul, 2024

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Prepare for Launch: Derivatives Exchange JOJO to Hold Native Token TGE on July 29

Derivatives exchange JOJO, built on the Base protocol, has announced the upcoming Token Generation Event (TGE) for its native JOJO token on July 29th. With a total supply of 1 billion JOJO tokens, the distribution plan allocates 59% for airdrops, liquidity incentives, and ecosystem development. The team will retain 15%, while 10% is reserved for DODO holders, and investors will receive 8%. An additional 8% will be distributed through a retroactive airdrop. The TGE marks a significant milestone for JOJO, which aims to revolutionize the derivatives trading landscape by leveraging the capabilities of the Base protocol. Stay tuned for further updates on the TGE and the exciting developments ahead for JOJO.