Jito has proposed a governance change (JIP-38) directing all of the DAO's share of JTX revenue to buy back and permanently burn JTO tokens through at least Q4 2027, with 20% of platform fees reinvested in development. This move aims to increase token value by reducing supply and placing revenue control firmly with JTO holders. The buybacks will be automated and governed by the DAO, with a review planned in late 2027 to assess the program's effectiveness and future revenue allocation. The proposal boosted JTO's price by up to 8% and aligns with Jito's broader expansion in the Solana ecosystem, supported by institutional investors like Andreessen Horowitz.
Jito has introduced JIP-38, a governance proposal making the protocol token-centric by directing all major network revenues to the DAO, governed by JTO token holders. The proposal commits 100% of the DAO's share of JTX platform fees to automatic buyb...
Jito Network has proposed JIP-38, a governance plan to allocate 80% of its revenue share from the upcoming JTX Trade platform entirely to automated buybacks and burns of its JTO token for at least one year. This means all fees Jito earns from JTX Tra...
