Jito Network announced that it will use all JTX revenue for the next year to repurchase JTO.

TechFlowJul 13, 2026
#DeFi JTO+4.07%
On July 13, according to official news, Jito announced governance proposal JIP-38, which proposes to formally establish Jito as a token-centric network. According to the proposal, 100% of Jito DAO's revenue share from JTX will be used for programmatic buyback and burn of $JTO, lasting at least 1 year from the launch of JTX.

Affected by this news, $JTO rose over 10% in 24 hours.

[TechFlow]

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Jito Network announced that it will use all JTX revenue for the next year to repurchase JTO.

TechFlowJul 13, 2026
#DeFi JTO+4.07%
On July 13, according to official news, Jito announced governance proposal JIP-38, which proposes to formally establish Jito as a token-centric network. According to the proposal, 100% of Jito DAO's revenue share from JTX will be used for programmatic buyback and burn of JTO, lasting at least 1 year from the launch of JTX.

Affected by this news, JTO rose over 10% in 24 hours.

[TechFlow]

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