Jito Labs proposes to distribute protocol revenue to JTO holders to further the decentralization of the network
BlockBeats News, August 5th, Jito Labs initiated a new governance proposal named JIP-24 on Tuesday, aiming to further decentralize the network. The proposal suggests routing all Block Engine and Block Assembly Market (BAM) transaction fee revenue directly to the Jito DAO treasury.
If the proposal is approved, the DAO will take over the protocol's revenue stream and distribute it to JTO token holders. This action will reduce Jito Labs' own control over the Jito network while allowing a sub-governance group within the DAO to play a more significant role in protocol development — Jito Labs hopes this will ultimately enhance the value of the Jito token.
Currently, the rewards generated by Jito's Block Engine are distributed as follows: 3% to Jito Labs, 3% to the DAO. However, the JIP-24 proposal will eliminate this profit-sharing mechanism, with all future 6% transaction fees, as well as all revenue related to BAM, permanently allocated to the DAO treasury. Jito Labs stated in the proposal:
"This proposal embodies the Jito ecosystem's commitment to ensuring that protocol fees are returned to token holders as efficiently as possible, and it establishes the DAO's core position in Jito network technical and economic governance."
Das könnte Ihnen auch gefallen
Gewinner
Neueste Krypto-Nachrichten
Tensor Foundation, der Entwickler hinter Vector.fun, wurde heute von Coinbase übernommen.
Grayscale hat etwa 2560 BTC und 8091 ETH auf Coinbase Prime übertragen
US-Aktien bei offenen, Krypto-bezogenen Aktien leicht gestiegen Mixed
Trust Wallet hat die Funktion "Gassponsoring" angekündigt, die über 1 Milliarde US-Dollar an Swap-Transaktions-Gasgebühren für Nutzer gesponsert hat.
Michael Saylors Beitrag "HODL Strong," ermutigt Halten durch Marktvolatilität
Kundenservice:@weikecs
Geschäftliche Zusammenarbeit:@weikecs
Quant-Trading & MM:[email protected]
VIP-Services:[email protected]