Catenaa, Sunday, March 16, 2025 – Andrew Thurman, a contributor to the Jito Foundation, has presented a proposal for a revised tokenomics model for JTO, the foundation’s governance token.
The 12-page proposal, unveiled on Thursday, is intended to spark community discussions on enhancing the utility of JTO. Thurman emphasizes the importance of a sustainable strategy that balances reinvestment in the ecosystem and rewards for token holders.
The model explores two potential mechanisms for value “recycling”—buybacks and fee switches. Thurman highlights that while buybacks have been successfully implemented by other protocols like MakerDAO and Raydium, no blueprint guarantees success.
Additionally, he suggests a “Buyback and Barter” model, which could help establish long-term relationships between DAOs and potentially reduce token supply in circulation.
Another option is the “Real Yield Gauges,” based on Curve’s model, which would allow users to stake funds in JitoSOL or JTO pools and vote on how to allocate DAO revenue streams.
Thurman also mentions the need to boost JTO restaking rewards, noting that increasing fees from 0.15% to higher percentages could encourage adoption. He argues that Jito is well-positioned to experiment with novel tokenomics due to its growing revenues from JitoSOL staking fees, which generate about $10 million annually.
The proposal has sparked interest within the community, although it remains non-official. Thurman hopes it will stimulate further dialogue on the optimal way to balance ecosystem growth and token holder incentives.
