Jito DAO Proposes JIP-38 to Route Network Revenue to DAO and Fund JTO Buybacks and Burns

Jito DAO has released the JIP-38 proposal to define Jito as a token-centric network, directing all network revenue to the DAO under JTO governance. According to Foresight News, the revenue streams include JitoSOL, BAM, block engine fees, and 80% of the DAO’s share of JTX platform fees. Under the proposal, 100% of the DAO’s revenue share from JTX would be used for open-market buybacks and burns of JTO. The execution period would last at least one year, through the fourth quarter of 2027. Jito said the process would be carried out programmatically via a mechanism called Rev Splitter, with fee collection, buyback, and burn data disclosed publicly each epoch. The proposal also states that in the fourth quarter of 2027, all fee flows would undergo a comprehensive reassessment, and token holders would vote on the subsequent direction.