Important upgrades happening at Jito
There are five new @jito_sol governance proposals currently active, here's what you should know about them:
JIP 26: Extends the budget for the DAO’s Crypto-economics SubDAO, allowing continued funding for buybacks and treasury operations
The CSD has facilitated over $3m in buy-backs, and with JTO at its current level its important the SubDAO continues its research & execution to optimize value accrual for token holders
JIP 27: Introduces directed staking so large JitoSOL holders or approved DeFi protocols can delegate stake to specific validators instead of the Stakenet's default rules
We believe this expands JitoSOL’s utility across DeFi integrations, increases institutional alignment, and accelerates BAM & ecosystem adoption, all while keeping strict caps to prevent centralization or risk concentration
JIP 28: Accelerates adoption of the Block Assembly Marketplace by prioritizing stake toward validators running BAM, contingent on JIP 27
We think this will result in faster BAM adoption + more BAM stake should grow Jito DAO revenue via new fee streams (plugins, better block assembly), directly benefiting the DAO treasury and, by extension, JTO holders. BAM currently sits around 6.5% of total network stake, this JIP should incentivize greater adoption.
JIP 29: Updates the NCN grants program and continues experimenting with futarchy for select DAO decisions
The Jito DAO has been a long time supporter of futarchy and we think its important to continue on this path, with the first grant to Switchboard having proved successful.
JIP 30: Ensures JitoSOL participates in Solana-level governance, giving Jito users representation in chain-wide decisions.
With notable changes coming to Solana governance at the protocol level, it is important JitoSOL holders/users and their beliefs / views are represented for key decisions around Solana's future.
We have voted "Yes" on all of these. All votes will end on Nov 29th at 7:23pm UTC, all have currently met quorum & are set to pass.

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