TechFlow News, September 25 — According to an official announcement, Jito, a staking project within the Solana ecosystem, has proposed an improvement to gradually deploy its restaking protocol module. As outlined in the proposal, the Jito Foundation plans to transfer control of the deployed protocol instances to the Jito DAO in three phases:
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Migration Phase: Allows users to migrate their assets into the Vault Restake Token (VRT) vaults.
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Staking Phase: Enables Node Consensus Networks (NCNs) to launch and activate most of the protocol’s core functionalities.
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Slashing Phase: Grants NCNs the ability to activate slashing mechanisms.
The proposal also introduces a new fee structure. During the deposit phase, the protocol will charge a 10 basis point fee on vault withdrawals. Once the staking phase goes live, a 4% protocol fee will be levied on rewards paid to NCNs. These fees will flow directly into the Jito DAO treasury, providing ongoing funding for its development. The Jito team stated that this upgrade will shift the Jito DAO's focus from primarily governing liquid staking tokens (LSTs) toward broader ecosystem development across the Jito network.
