Jito Labs proposes full revenue control for DAO in JIP-24 governance proposal

Key Points

1. JIP-24 proposes rerouting all Block Engine and BAM fees to the Jito DAO treasury, estimated to generate $15M annually.

2. Currently, 6% of Block Engine rewards are split between Jito Labs and the DAO, but JIP-24 would direct the full 6% to the DAO.

3. BAM, a new transaction sequencing layer, introduces monetization channels, with revenue expected to be substantial alongside Block Engine fees.

4. Revenue will be managed by the Cryptoeconomics SubDAO (CSD), tasked with designing token value-accrual strategies like buybacks and staking incentives.

5. The proposal could strengthen the economic case for holding JTO by centralizing revenue within the DAO, potentially increasing demand-side pressure on the token.