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Jito Plans to Create SubDAO to Drive Protocol Development
Summary: Solana ecosystem liquidity protocol Jito is currently creating a new subDAO to drive protocol development and enhance the value of its governance token JTO. According to a proposal written by Jito governance lead Nick Almond, they will improve and implement new strategies such as token buybacks, revenue subsidies, and fee switch treasuries to support the ...
Solana ecosystem liquidity protocol Jito is currently creating a new subDAO to drive protocol development and enhance the value of its governance token JTO. According to a proposal written by Jito governance lead Nick Almond, they will improve and implement new strategies such as token buybacks, revenue subsidies, and fee switch treasuries to support the price of JTO token. (DL News)
