Live Bitcoin News
Published on 2026-07-13 | 1 hour ago

Jito Proposes Massive JTO Buyback and Burn Using 80% of JTX Fees

Jito proposes JIP-38 to use its 80% share of JTX fees for automated JTO buybacks and burns for at least one year. Jito has launched JIP-38, a proposal to route JTX fee revenue into JTO buybacks and burns. The plan would apply for at least one year after JTX goes live. SolanaFloor reported that the proposal covers the DAO’s full 80% share of JTX fees. That revenue would support automated JTO purchases and permanent token burns. Jito said the proposal formally sets the network as token-focused. The plan places JTO at the center of future revenue use and DAO control. The proposal has become an important topic across the Solana ecosystem. Traders are now watching how the DAO handles the vote and launch timeline. JIP-38 Places JTO at the Center of Fees Jito said JIP-38 is now live and sets a token-focused revenue plan. The proposal covers revenue collected from JTX, the ecosystem’s planned trading product. Under the plan, Jito DAO would use its JTX revenue share for JTO. 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 SolanaFloor reported that Jito DAO’s full 80% share of JTX fees would fund the plan. That full share would support automated JTO purchases and token burns. The model would run for at least one year after JTX launches. A buyback uses revenue to purchase tokens from the market. A burn then removes selected tokens from supply permanently. This structure links JTX activity with JTO supply changes. JTX Revenue Route Draws DAO Focus Nick Almond said JIP-38 reduces concerns about value moving away from JTO. He said all DAO revenue from JTX would go into buybacks and burns. He also described the plan as a simple economic baseline. A big week for Jito. Starting with JIP-38 which cements Jito as a token-centric network. That means, there should be no concerns that value is being accrued across the Jito Network to equity, rather than the token. It means all of the revenue that the DAO collects from JTX is… https://t.co/kfxCbVyyU1 — Nick Almond (@DrNickA) July 13, 2026 JTX is expected to collect fees in assets across the Solana network. Under JIP-38, those assets would be used to buy JTO. The purchased tokens would then be removed from supply. The proposal also gives the DAO control over future revenue choices. DAO members can vote on how revenue is handled after the first year. This gives governance a direct role in Jito’s economic design. Read also: Solana Could Surge to $127 If It Clears This Critical Resistance: Analysis Jito Revenue Lines Expand Across Solana Jito’s wider network includes JitoSOL, BAM, and JTX. Each product serves a different role inside the Solana ecosystem. Together, they create several possible revenue streams for the DAO. JitoSOL is the project’s liquid staking token for SOL. Nick Almond said Coinbase uses it as a main SOL staking solution. He also said JitoSOL is moving into ETNs and ETFs worldwide. BAM focuses on improving Solana’s execution environment and trading structure. JTX is planned as a trading surface for Solana users. Under JIP-38, JTX fees would flow back into JTO. The next focus is the DAO process and final timing for JTX. Market watchers may also track fee levels after launch. Burn records will show how much JTO is removed over time. The post Jito Proposes Massive JTO Buyback and Burn Using 80% of JTX Fees appeared first on Live Bitcoin News.

Read full article on LIVE BITCOIN NEWS

Latest News View more

CRYPTOBRIEFING | Published on 2026-07-13 | 11 mins ago
Bullish
1%

Bullish
Neutral
20%

Neutral
Bearish
79%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
1
CRYPTOBRIEFING | Published on 2026-07-13 | 11 mins ago
CRYPTOBRIEFING | Published on 2026-07-13 | 13 mins ago
Bullish
1%

Bullish
Neutral
43%

Neutral
Bearish
56%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
2
CRYPTOBRIEFING | Published on 2026-07-13 | 13 mins ago
Bullish
17%

Bullish
Neutral
75%

Neutral
Bearish
8%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
3
CRYPTOBRIEFING | Published on 2026-07-13 | 13 mins ago
DECRYPT | Published on 2026-07-13 | 13 mins ago
Bullish
12%

Bullish
Neutral
82%

Neutral
Bearish
6%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
4
DECRYPT | Published on 2026-07-13 | 13 mins ago
CRYPTOBRIEFING | Published on 2026-07-13 | 14 mins ago
Bullish
13%

Bullish
Neutral
86%

Neutral
Bearish
1%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
5
CRYPTOBRIEFING | Published on 2026-07-13 | 15 mins ago
Bullish
15%

Bullish
Neutral
75%

Neutral
Bearish
10%

Bearish
Sentiment Analysis (Alert )
Bullish ND
Bullish
Neutral ND
Neutral
Bearish ND
Bearish
 
6
Top 10 Performance
FIGR_HELOC +1.91% News
USDC +0.00% News
USDT -0.07% News
BNB -1.62% News
TRX -2.16% News
XRP -2.22% News
ETH -2.64% News
SOL -2.74% News
BTC -3.08% News
HYPE -5.79% News
View more