Jito Labs Proposes Governance Change for Solana Ecosystem

According to PANews, Jito Labs has submitted a governance proposal, JIP-24, aimed at altering the revenue distribution within the Solana ecosystem's Jito Network. The proposal suggests redirecting the entire 6% Block Engine fee and all future BAM income into the Jito DAO treasury, eliminating the current '3% Labs/3% DAO' split. If approved, the DAO will gain full control over protocol revenue, allowing the Cryptoeconomics SubDAO to develop value return strategies. The official projection estimates an annual revenue increase of approximately $15 million.