Jito plans to create subDAO to promote protocol development

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ODAILY
07-14
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Planet Daily News: The Solana ecosystem liquid staking protocol Jito is currently creating a new subDAO aimed at promoting protocol development and enhancing the value of its governance token JTO. According to a proposal written by Nick Almond, Jito's governance lead, this subDAO will refine and implement new strategies such as token buybacks, yield subsidies, and fee switching vaults to support the price of the JTO token. (DL News)

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