Jito Networks has committed to using 100% of JTX's revenue share for JTO stock buybacks and burns for at least one year.
Covered by 6 sources · 6 articles
6 outlets - including Cryptopolitan, Crypto-economy and Cryptotimes and 3 more - are covering this story. Jito, the largest liquid-staking protocol on Solana, recently put forward a governance proposal that would commit its entire share of fees from JTX, its new trading platform, to buying JTO tokens on the open market and permanently destroyin…
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Jito proposes routing all JTX fee revenue into JTO buybacks and burns
Jito, the largest liquid-staking protocol on Solana, recently put forward a governance proposal that would commit its entire share of fees from JTX, its new trading platform, to buying JTO tokens on the open market and permanently destroyin…
Jito Proposes JIP‑38 to Route All DAO JTX Revenue Into Automated $JTO Buybacks and Burns
TL;DR Jito submitted JIP-38, a proposal to allocate 100% of the DAO’s 80% share of JTX fees to $JTO buybacks and burns. The mechanism would operate through a programmed system called “Rev Splitter” that would automatically buy and burn $JTO…
JIP-38 Approved: Jito to Use JTX Revenue for JTO Buybacks
The governance proposal commits JTX revenue to $JTO buybacks and burns through Q4 2027, reinforcing Jito’s token-centric strategy.
Jito proposes token-centric model, pledging JTX revenue to JTO buybacks and burns
Jito's proposal could enhance token value and decentralize control, potentially increasing investor confidence and network sustainability. The post Jito proposes token-centric model, pledging JTX revenue to JTO buybacks and burns appeared f…
Jito to Redirect All JTX Platform Fees to JTO Buybacks and Burns for One Year
BitcoinWorld Jito to Redirect All JTX Platform Fees to JTO Buybacks and Burns for One Year Jito (JTO) has announced a significant tokenomics update that will see 100% of the fees generated from its upcoming trading platform, JTX, redirected…
Jito Networks has committed to using 100% of JTX's revenue share for JTO stock buybacks and burns for at least one year.
Jito Networks has committed to using 100% of JTX's revenue share for JTO stock buybacks and burns for at least one year.