1d ago
Jito is growth infrastructure for Solana. Now that growth is paired with 100% value accrual for JTO via buybacks
1d ago
The 1st Cryptoeconomics SubDAO Quarterly Update is live! TL;DR: Provides a comprehensive update on the progress of the CSD and announces that ๐Ÿ๐ŸŽ๐ŸŽ% ๐จ๐Ÿ ๐‰๐ข๐ญ๐จ ๐๐ž๐ญ๐ฐ๐จ๐ซ๐ค ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐›๐ž ๐ฎ๐ฌ๐ž๐ ๐Ÿ๐จ๐ซ ๐œ๐จ๐ง๐ญ๐ข๐ง๐ฎ๐จ๐ฎ๐ฌ ๐‰๐“๐Ž ๐›๐ฎ๐ฒ๐›๐š๐œ๐ค๐ฌ ๐ฐ๐ข๐ญ๐ก $๐Ÿ.๐Ÿ“๐ฆ๐ฆ ๐ž๐ฑ๐ž๐œ๐ฎ๐ญ๐ž๐ ๐ญ๐จ ๐๐š๐ญ๐ž. Key Takeaways: โ€ข since JIP-24 was passed, 100% of Block Engine & future BAM fees flow to the DAO treasury โ€ข going forward, 100% of DAO-generated revenue will be deployed toward continuous JTO buybacks โ€ข $2.5m in JTO buybacks have been executed since August 2025 โ€ข three core mechanism are being built & handed to the DAO for programmatic value accrual: The Vault, JTO Auction, and Enhanced TWAP โ€ข monthly buybacks will match 100% of previous month's revenue generation & continue indefinitely, subject to DAO approval ๐Ÿ”—โฌ‡๏ธ
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