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Jito proposes permanent JTO burns through sweeping revenue overhaul

Crypto
Last updated: July 14, 2026 1:08 pm
Crypto
Published: July 14, 2026
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Jito proposes permanent JTO burns through sweeping revenue overhaul

Jito has proposed a governance overhaul that would direct 100% of the DAO’s JTX revenue share toward open-market JTO buybacks and permanent token burns through at least Q4 2027. Summary Jito has proposed using DAO revenue for JTO buybacks and permanent token burns through Q4 2027. JIP-38 would place most protocol revenue under DAO control, with JTO holders governing allocations. JTO rose as much as 8% after the governance proposal was unveiled, according to crypto.news. According to a governance proposal published by Jito on July 13, the protocol has introduced JIP-38, which would formally classify Jito as a token-centric network where nearly all major network revenue flows to the decentralized autonomous organization and remains under the control of JTO token holders. JIP-38 is now live.Value should live with the Network. This proposal formally establishes Jito as a token-centric network, committing 100% of the Jito DAO’s revenue share from @JTX_trade to programmatic buyback and burns of $JTO for at least 1 year from JTX launch.— Jito (@jito_sol) July 13, 2026 The proposal triggered an immediate market reaction, with Jito (JTO) climbing as much as 8% shortly after its release, according to data from crypto.news. Revenue would be redirected to JTO holders Under JIP-38, Jito proposes using the DAO’s entire share of JTX revenue to buy JTO tokens on the open market before permanently removing those tokens from circulation. According to the proposal, this arrangement would remain in place for at least one year, extending through the fourth quarter of 2027. One exception remains in the framework. The proposal states that 20% of JTX platform fees would continue to be reinvested into JTX development rather than being allocated to buybacks and burns. Jito said the remaining major revenue streams would continue flowing through the DAO under governance controlled by JTO holders. To carry out the program, the proposal calls for buybacks to be executed automatically through a Rev Splitter mechanism overseen by the project’s Dev Council. Alongside the automation process, Jito plans to update its governance documentation so the protocol’s operating model formally recognizes the token-centric structure. According to JIP-38, existing revenue allocation commitments would be completed before a comprehensive review of protocol fee streams takes place in Q4 2027. During that review, governance participants would evaluate the performance of token buybacks, ecosystem incentives, and other capital allocation methods before JTO holders vote on the network’s next long-term revenue framework. Governance changes extend beyond token burns Beyond the buyback program, JIP-38 outlines several operational changes intended to support the new revenue structure. According to the proposal, the Rev Splitter would become progressively more automated while governance records would be updated to match the revised economic model. Jito also stated in the proposal that the framework is designed so value generated across the network accrues to the JTO token instead of external corporate entities. Any future changes to revenue allocation after Q4 2027 would require approval through governance voting by JTO holders. The proposal arrives as Jito continues expanding its presence across the Solana ecosystem. Earlier this year, as previously reported by crypto.news, 21Shares launched the 21Shares Jito Staked SOL ETP (JSOL) on Euronext Amsterdam and Euronext Paris. The issuer said the product provides regulated exchange-traded exposure to Solana through JitoSOL while embedding staking rewards, allowing investors to access the asset through traditional brokers and banks without managing wallets or staking infrastructure. Institutional support for the protocol has also grown over the past year. As previously reported by crypto.news, Andreessen Horowitz’s (a16z) crypto division invested $50 million in Jito to help expand the Solana staking protocol’s ecosystem. The investment included an allocation of JTO tokens to the venture firm, adding another high-profile backer as the protocol seeks approval for its latest governance proposal.

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