📣 𝗔 𝗡𝗲𝘄 𝗘𝗿𝗮 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗝𝗶𝘁𝗼 𝗗𝗔𝗢 🏛️ “JIP-24: Jito DAO Receives All Jito Block Engine Fees and Future BAM Fees” What is JIP-24? ⚖️ This NEW proposal (available on the Jito Network forum) outlines a fee restructuring for Block Engine fees. Instead of the current 50/50 split of Jito Block Engine fees between Jito Labs and the Jito DAO, JIP-24 proposes 100% go to the Jito DAO Treasury (including all future BAM fees). • Current: 6% Block Engine fees split 50/50 (Labs/DAO) • Proposed: 100% to DAO Treasury + ALL future BAM (Block Assembly Marketplace) fees 💥 Timeline: • Immediate: Fee switch (provided vote passes) • Short-term: CSD launches value accrual program • Long-term: Sustainable & transparent revenue engine Benefits: • protocol value accrues to $JTO holders • Jito DAO controls all protocol economics • Establishes a framework for future revenues • Introduces an industry-leading governance model • The CSD (from JIP-17) manages fees for value accrual
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