Jito released JIP-38, a governance proposal that would formally design the protocol as a token-centric network, under which all major network revenue would go to the DAO and be governed by $JTO token holders.
The only exception is 20% of JTX platform fees, which will continue to be reinvested in the development of JTX, according to the proposal published on July 13.
JIP-38 is now online.
The value must live with the network. This proposal officially establishes Jito as a token-centric network, committing 100% of the Jito DAO revenue share from @JTX_trade to programmatic buyback and burning. $JTO for at least 1 year from the launch of JTX.
-Jito (@jito_sol) July 13, 2026
The plan would dedicate 100% of the DAO’s JTX revenue share to the open market. $JTO permanent token redemptions and burns for at least one year until Q4 2027.
As noted, buybacks would be executed automatically through a Rev Splitter mechanism overseen by the Dev Council, while governance documentation would be updated to reflect the network’s token-centric policy.
JIP-38 also outlines governance and implementation measures, including updating official governance documentation to reflect Jito’s token-centric model, gradually automating the Rev Splitter, and completing existing revenue allocation mandates before conducting a full review of all protocol fee streams in Q4 2027.
This review will assess the effectiveness of buybacks, growth incentives and other capital deployment strategies, after which $JTO Holders will determine the network’s next long-term revenue allocation framework through a governance vote.
According to the proposal, this framework aims to ensure that the value generated by the network accrues to the token rather than to external corporate entities.
$JTO surged as much as 8% shortly after the team unveiled JIP-38, according to CoinGecko.