JTO · nothing can be minted, and the launch allocation is still emptying.

No JTO can ever be made again. The account that creates the coin has had its minting key erased and its freezing key erased, and on this chain a coin with no minting key rejects every request to make more. The count in existence has only ever gone down.

The launch allocation empties on a fixed calendar: 16.96M JTO on the 7th of every month. Three of those dates fell inside the window — Jul 7 2026, Aug 7 2026 and Sep 7 2026. The July release was followed on chain: 15M left one reserve wallet at 19:52 and another 5M landed with the same recipient four minutes later, so this arrives as a monthly step, not a daily trickle. The calendar runs out on Nov 7 2026 and there is nothing behind it.

Nothing was released outside the calendar. The DAO treasury — 209.73M JTO, the single largest holding — took in 15,399 JTO across the window and sent out nothing. Two dormant reserve wallets holding 43.04M and 27.52M have not moved since May 20 2026 and Apr 9 2026. All three are watched; if any balance falls between refreshes, the outflow lands in this row.

There is no bankruptcy estate and no trustee schedule. Every JTO account in existence was listed this session — all 240,020 of them — and not one is held by a lock or vesting contract.

A DAO vote obliges its economics group to buy JTO on the open market matching what the network earns, every day of the third quarter. Seventy of those 92 days fall inside the window: $1.28M of quarterly revenue scaled to 70 days is $973,913, and at the measured average price of $0.5687 that is 1.71M JTO. The buying stops on Sep 30 2026. The coins are kept, not destroyed, and the wallet holding them has never been published.

JTO has no fee burn. Network fees on this chain are paid and burned in the chain's own coin, not in JTO, so no JTO is destroyed by ordinary use.

No separate foundation or labs purchase was announced or observed. The only buying is the DAO mandate already counted above.

Nothing new was locked away. The voting pool holds 21.17M JTO and moved a net 53 JTO across the whole window, and holders can withdraw from it at will, so it is custody rather than a lock.

A July 13 2026 vote sends every dollar the DAO earns from its new trading venue into buying JTO and destroying it, running to late 2027. It has destroyed nothing measurable yet: the count of JTO in existence is 986,522,951.58 against a 1,000,000,000 start, and the whole of that 13.48M gap was already gone before this window opened. This is the row that would turn the page around, and it is watched every rebuild.