Jito DAO has unveiled JIP-38, a proposal aimed at redefining Jito as a token-centric network by channeling all network revenue directly to the DAO under the governance of its native token, JTO.
According to Foresight News, the proposal outlines that revenue streams—including those from JitoSOL, BAM, block engine fees, and 80% of the DAO’s share of JTX platform fees—will be directed to the DAO treasury.
Under JIP-38, 100% of the DAO’s revenue share from the JTX platform will be allocated toward open-market buybacks and burns of JTO tokens. This mechanism is designed to enhance token scarcity and align incentives among stakeholders.
The execution period for this initiative is set to last a minimum of one year, extending through Q4 2027. The entire process will be automated via a smart contract system dubbed Rev Splitter, which will handle fee collection, token repurchases, and burn operations.
To ensure transparency, data on fee collection, buybacks, and burns will be published publicly at the end of each Solana epoch.
The proposal also mandates a comprehensive reassessment of all fee flows in Q4 2027, after which JTO token holders will vote on the future direction of revenue allocation.