The MEV project Jito Labs on Solana has proposed governance proposal JIP-24, which aims to route 100% of all protocol fees (currently 6%) from its Block Engine and Block Assembly Marketplace (BAM) to the Jito DAO Treasury, canceling the existing allocation mechanism where Jito Labs and DAO each receive 3%. The proposal will also include future BAM plugin-related revenues in the DAO, expected to add approximately $15 million in annual income. If passed, JTO holders will gain greater power in network governance and earnings.
Jito on Solana proposes routing 100% of block engine revenue to the DAO treasury
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