Jito: 100% of Network Revenue will be used for JTO Token Buyback

By: theblockbeats.news|2025/10/22 14:45:54
0
Share
copy

BlockBeats News, October 22, Jito officially announced that 100% of the Jito Network revenue will be used for continuous repurchase of JTO tokens, and a $2.5 million repurchase has been executed from August to the present.

Since the passing of JIP-24, 100% of Block Engine fees and future BAM fees will flow into the DAO Treasury. Effective immediately, 100% of DAO-generated revenue will be used for continuous repurchase of JTO tokens, with the monthly repurchase amount matching the previous month's revenue generation, and will continue indefinitely (subject to DAO approval).

Previously, on September 4, the Jito Foundation announced the completion of the first round of a $1 million JTO repurchase and future plans: a $1 million JTO repurchase was completed in four installments within ten days. Today marks the first explicit announcement of a 100% network revenue repurchase ratio.

-- Price

--

You may also like

a16z New Article: Predictive Markets Entering Fast-Forward Phase

Data, systems, and transactions are accelerating the institutional penetration of the market.

a16z founder: In the age of Agents, what truly matters has changed

The best programmers in the future may not need to write code, but they must have strong logical reasoning and system architecture thinking, because code will become a cheap commodity due to AI.

The President of Kyrgyzstan meets with Sun Yuchen, and TRON collaborates with Kyrgyzstan to build a new pattern of digital economy in Central Asia

This meeting focused on the global trends in digital financial transformation, the construction of regulatory frameworks for virtual assets, and the strategic layout of the TRON ecosystem in Central Asia, marking a substantial phase in the cooperation between TRON and Kyrgyzstan in the fields of blo...

46 minutes, $292 million stolen, DeFi faces development dilemma again

"Let's withdraw from DeFi first, it's too dangerous. This time the damage is much greater than Drift/Cowswap..." said well-known DeFi investor Dovey Wang.

How to Earn Free USDT in 2026: No High Volume Required (WEEX Poker Party Guide)

Is Joker Crypto legit in 2026 or just another memecoin? Can You Really Earn Passive Income with Joker Crypto in 2026? Learn how Joker staking rewards work, how to earn NFT bonuses, expected APY ranges, gas-fee rebates, and how to avoid crypto scams before joining.

How to Get Free USDT Welcome Bonus in 2026: Earn Up to 700 USDT on WEEX

Legit Free Welcome Bonus 2026: Learn how to earn up to 700 USDT on WEEX with Auto Earn Boost Fest. Increase your balance, activate Auto Earn, and qualify automatically.

Contents

Popular coins

Latest Crypto News

Read more