Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Jito proposes transferring all Block Engine and BAM revenue to the DAO treasury
2hours ago

Odaily Planet Daily reports that Jito Labs has submitted a governance proposal, JIP-24, which proposes transferring 6% of Jito Network's Block Engine fees and all future BAM revenue from the Solana ecosystem to the Jito DAO treasury, eliminating the existing "3% Labs/3% DAO" split. If approved, the DAO will fully control protocol revenue, allowing the Cryptoeconomics SubDAO to develop a value-return strategy. Officials estimate annual revenue growth of approximately $15 million. (CoinDesk)