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Woofun AI reports that Jito DAO has introduced JIP-38 to establish a token-centric network structure. The proposal directs all network revenues, including block engine fees and 80% of JTX platform fees designated for the DAO, into the treasury governed by JTO.
The initiative mandates that 100% of the DAO's share from JTX fees be utilized for public market buybacks and subsequent burning of JTO tokens. This process will operate programmatically through the Rev Splitter mechanism for a minimum duration of one year, extending until the fourth quarter of 2027. Data regarding fee collection, buyback volumes, and token destruction will be publicly disclosed for each epoch. A comprehensive reassessment of all fee streams is scheduled for Q4 2027, after which token holders will vote on future directions.