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3.8%
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Launch
CandyDrop
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Jito tweeted that the Jito DAO has published a JIP-38 proposal, formally establishing Jito as a “Token-Centric Network,” and confirming that 80% of the shares attributed to the DAO from JitoSOL, BAM, block engine fees, and JTX platform fees are governed by JTO holders. The proposal promises that 100% of all JTX revenue earned by the DAO will be used for open-market buybacks and burning of JTO. The execution period will last at least until Q4 2027, and will be executed in a programmatic manner via the Rev Splitter mechanism, with relevant data disclosed on-chain on a regular basis. At that time, the DAO will reassess how all revenue streams are allocated.