Mike Dudas
information asymmetry @jito_labs https://t.co/vaetAYl5V2
239 days agoMike Dudasmdudas
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Solana's Jito is proposing to route 100% of Block Engine Fees to its DAO Treasury, which, if approved, would give tokenholders full control over protocol revenue. While this could enhance tokenholder value by directing revenue to them, the absence of buybacks might limit the immediate impact on the JTO token's price, as noted by @CryptoLonghorn. Investors should monitor the DAO vote and potential future revenue distribution mechanisms.

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About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol