Jito Labs proposes a new plan to transfer all protocol revenue to the DAO treasury

ChainCatcher news, according to CoinDesk, Jito Labs proposed governance proposal JIP-24 on August 5, suggesting that all revenue generated by Block Engine and BAM be directly transferred to the Jito DAO treasury.

Currently, Block Engine revenue is distributed at a rate of 3% each to Jito Labs and the DAO. If the proposal is passed, the entire 6% fee and future BAM-related revenue will be permanently transferred to the DAO treasury.