Jito DAO adopts full‑revenue token buyback and burn plan for JTO via JTX platform

Jito DAO, the leading liquid‑staking protocol on Solana, approved governance proposal JIP‑38, committing 100% of the DAO’s revenue share from its upcoming self‑custodial trading terminal JTX to programmatic buybacks and permanent burns of the JTO token. The plan will run for at least one year, with a review scheduled for the fourth quarter of 2027, and uses the Rev Splitter contract to collect fees, purchase JTO on‑chain and destroy the tokens, allowing real‑time tracking via dashboards. Under the proposal, 80% of all JTX fees flow to the DAO, while the remaining 20% covers platform development costs. JTO rose about 8% after the proposal’s release, trading around $0.54 with a market cap of roughly $258 million. Jito’s broader network generates about $300 million in annual fees, of which the liquid‑staking component contributes $114 million, and total value locked is between $724 million and $806 million. The initiative positions Jito as a “token‑centric network,” tying protocol revenue directly to token scarcity.