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Jito: 100% of network revenue will continue to repurchase JTO Token.
GateNews
JTO4,34%
BlockBeats news, on October 22, Jito officially announced that 100% of Jito network revenue will be used for the continuous repurchase of JTO Token, with $2.5 million in repurchases executed from August to now. Since the approval of JIP-24, 100% of Block Engine fees and future BAM fees will flow into the DAO treasury. Starting today, 100% of the revenue generated by the DAO will be used for the continuous repurchase of JTO Token, with the monthly repurchase amount matching the revenue generation of the previous month, and this will continue indefinitely (subject to DAO approval).
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