Jito plans to create a sub-DAO to promote the development of the protocol

Odaily News Jito, the Solana ecosystem liquidity pledge protocol, is currently creating a new subDAO to promote the development of the protocol and enhance the value of its governance token JTO. According to a proposal written by Nick Almond, head of Jito governance, they will refine and implement new strategies such as token repurchases, revenue subsidies, and fee switching vaults to support the price of JTO tokens. (DL News)