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Add as a preferred source on GoogleORE and Jito Foundation Set Up Reciprocal Treasury Holdings
ORE’s reserves now include JitoSOL, while Jito Foundation has added ORE tokens to its treasury.
Mentioned assets
ORE announced an immediate treasury arrangement with Jito Foundation that places ORE tokens in the foundation’s treasury and JitoSOL in ORE’s reserves. ORE said the JitoSOL allocation is intended to generate staking yield for the project.
The arrangement also gives Jito Foundation a treasury holding of ORE.
ORE is linked to a grid-based mining game on Solana. The game pays 1.2 ORE per round, split between the winning tile and a separate lottery pool. ORE’s maximum supply is 3 million tokens.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.