flow
flow
JTO-4.54%
SOL-4.53%
UNI+4.41%
DAO-2.90%
hey Brian, since you're going Mert mode I’d love to have your take on this: -> Jito built the infra to allow custom liquid staking models for any SPL token, aka Jito (Re)staking (which might need a rebrand to something that better aligns with what it does btw). -> On top of that, we have @aeyakovenko putting emphasis that any form of distribution of REV to stakers is better than a burn (example was around UNI -> token of a DeFi protocol). Right now, here’s how I see value generated by Jito flowing to JTO: 1. 100% of DAO-generated revenue = deployed toward continuous JTO buybacks. 2. 50% of fee from TipRouter NCN => redistributed to JTO stakers (not a lot of people know this but yes.. you can liquid stake JTO). So my question is this: if we agree on Toly's axiom that distribution to stakers > burn, then why do only TipRouter fee NCN flows go to JTO stakers? Why not 100% of DAO-generated revenue? Jito built amazing infra that is still underused and it would be amazing if you become pioneer of this model on Solana with you own token. Time to show people what this infra is capable of and why it is a big deal. Ofc I know it is hard for a team like Jito to be a first mover on these things. But anyways.. would love your take on this
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Brian
Brian
I now recognize that we've neglected the Jito community over the past 6 months. While the team has been locked in, we've failed to communicate the progress and vision I'll work to change that going forward by being far more vocal. Jito will remain Solana's growth engine
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