Jito_Sol proposes introducing a staking mechanism for JTO holders as part of the development strategy for the Jito network. The goal of this mechanism is to empower JTO holders to participate in governance and important decision-making processes to shape the future of the Jito Network. These decisions include setting fees, updating staking strategies, and managing the DAO treasury.
Through the staking mechanism, JTO holders can earn rewards from staking pools such as JitoSOL and participate in initiatives to develop the Solana ecosystemJito FoundationJito Foundation.
Additionally, the Jito Foundation also plans to distribute JTO to promote community development and recognize the contributions of long-term members.