Jito proposes to transfer all Block Engine and BAM revenue to the DAO vault."
According to online reports, Jito Labs submitted governance proposal JIP-24, which plans to transfer all of the 6% handling fee for Block Engine and all future BAM revenue from Solana Ecosystem Jito Network to the Jito DAO vault and cancel the existing "3% Labs/3% DAO" share. After the proposal is passed, the DAO will have full control of the agreement revenue for Cryptoeconomics SubDAO to formulate a value feedback strategy. Officials expect an annual revenue increase of approximately US$15 million.
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