PANews|Jul 13, 2026 14:30
[Jito Passes JIP-38, Commits 100% of JTX Revenue to JTO Buyback and Burn for at Least One Year]
According to Jito's announcement, JIP-38 has officially taken effect, establishing Jito as a 'Token-Centric Network.' As per the proposal, 80% of JTX platform fees will flow into the DAO, with 100% of the DAO's revenue share being used for programmatic buyback and burn of JTO, lasting at least until Q4 2027. The remaining 20% of JTX fees will be allocated to JTX platform development. All buyback and burn activities will be verifiable on-chain, and future income distribution plans will be determined through governance by JTO holders.
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