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Jito Network Announces It Will Use All JTX Revenue to Buy Back JTO Over the Next Year

2026.07.13 - 14:29

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TechFlow news, July 13: According to official announcements, Jito announced governance proposal JIP-38, proposing to officially establish Jito as a token-centric network. According to the proposal, 100% of Jito DAO's revenue share from JTX will be used for programmatic buyback and burn of JTO, lasting at least 1 year from the launch of JTX.

Driven by this news, JTO rose over 10% in 24 hours.

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