The Jito proposal intends to transfer all Block Engine and BAM revenue into the DAO treasury

ChainCatcher news, Jito Labs submitted a governance proposal JIP-24, which intends to transfer 6% of the transaction fees from the Block Engine of the Solana ecosystem Jito Network and all future BAM revenues to the Jito DAO treasury, canceling the existing "3% Labs/3% DAO" split. After the proposal is approved, the DAO will have full control over the protocol's revenue, allowing the Cryptoeconomics SubDAO to formulate value return strategies. The official estimate is an annual increase of about 15 million dollars in revenue.