By cryptoadmin Jito has published JIP-38, a governance proposal that would formally designate the protocol as a token-centric network, under which all major network revenues will flow 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 JTX development, according to the proposal posted on July 13.
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
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The plan would commit 100% of the DAO’s JTX revenue share to open-market $JTO buybacks and permanent token burns for a minimum of one year through 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, progressively automating the Rev Splitter, and completing existing revenue allocation mandates before conducting a comprehensive review of all protocol fee streams in Q4 2027.
That review will evaluate 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 governance voting.
According to the proposal, this framework is intended to ensure that the value generated by the network accrues to the token rather than external corporate entities.
$JTO surged as much as 8% shortly after the team unveiled JIP-38, per CoinGecko.