Jito Network has announced plans to dedicate 100% of its JTX revenue-share proceeds toward buying back and burning its native token, JTO, for a minimum period of one year. The initiative was revealed in an official statement from the network, as reported by Odaily.
This move aims to enhance token scarcity and potentially support JTO's market value by systematically reducing its circulating supply through periodic buybacks funded entirely by JTX-generated revenue.