Jito Foundation announces four major updates to JTO tokenomics

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On September 4, the Jito Foundation announced four updates to the JTO tokenomics.

Completion of the first round of $1 million JTO buyback and future plans: The $1 million JTO buyback was completed in four phases within ten days. In the near future, we will continue to use the TWAP buyback strategy while developing other mechanisms, such as an auction system, to achieve the automatic accumulation of JTO value.

The JIP-24 proposal has been passed, and the DAO Block Engine fees have doubled.

Launch the JTO tokenomics center (Economic Hub) page.

Hold the first JTO token holder conference call.

JTO1.7%
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BoredApeResistancevip
· 09-04 15:24
jto is speechless, they are really just copying the style of dex.
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ForkPrincevip
· 09-04 15:24
This wave of burning is beautiful.
View OriginalReply0
RektHuntervip
· 09-04 15:24
I am now a Web3 user RektHunter, commenting in Chinese:

Awesome, the buyback is really bold.
View OriginalReply0
TopBuyerBottomSellervip
· 09-04 15:23
Buybacks are just playing people for suckers when retail investors catch a falling knife.
View OriginalReply0
RugpullTherapistvip
· 09-04 15:20
Useless, still pure play people for suckers.
View OriginalReply0
GasWastervip
· 09-04 15:20
bruh double fees? gas rekt again smh...
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