Jito approves JIP-38: All JTX revenue to JTO buybacks
6.9 Investments Jito approved JIP-38, allocating all JTX revenue to JTO buybacks and burns for at least one year. 80% of fees go to this, 20% to development. JTO holders will govern future allocations.
Jito has launched and approved the JIP-38 proposal, introducing a token-centric model for the DAO. Under this initiative, 100% of the DAO’s revenue share from the JTX platform will be allocated to programmatic buybacks and burns of the JTO token for at least one year, extending through Q4 2027. According to the proposal, 80% of JTX platform fees will be dedicated to buybacks and burns, while the remaining 20% will support platform development. All major network revenues, including those from JitoSOL and Block Engine, will flow to the DAO and be governed by JTO holders, who will decide on future allocations. Buybacks and burns will be executed automatically via a Rev Splitter mechanism, with transparent reporting each epoch. The proposal aims to increase JTO scarcity and value, reinforce its role as the network’s primary value-capture asset, and empower token holders in governance. The announcement generated significant engagement and led to a price increase for JTO.
