Jito Foundation Completes $1 Million JTO Buyback, DAO Blockchain Engine Fees Double

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According to Foresight News , the Jito Foundation released four updates related to the JTO token economic model: the initial completion of the $1 million JTO repurchase, CSD will continue to use TWAP repurchase in the short term, and develop other mechanisms (such as auction systems) to automate JTO value accumulation; JIP-24 was passed, the DAO block engine fee doubled, and the DAO will now receive 6% fees from the Jito Block Engine; the JTO Economic Center page was launched; the first token holder conference call will be held on September 24.

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