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3.8%
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Jito posted on X that the Jito DAO has released a JIP-38 proposal, officially establishing Jito as a “Token-Centric Network,” and confirming that among the 80% share attributable to the DAO in JitoSOL, BAM, block engine fees, and JTX platform fees, governance is handled by JTO holders. The proposal pledges that all JTX revenue received by the DAO will be split with 100% allocated to public market buybacks and the burning of JTO. The execution period will last at least until Q4 2027 and will be executed in a programmatic way via the Rev Splitter mechanism, with relevant data regularly disclosed on-chain. At that time, the DAO will reassess how all revenue streams should be allocated.