Jito DAO doubles revenue with new proposal and targets $JTO appreciation

• Jito DAO doubles revenue with JID-24 approval
• $JTO ​​still falls despite accumulating token value
• jitoSOL may attract inflow via Solana staking ETF

Jito DAO, a key player in the Solana ecosystem, has just approved a significant change to its revenue structure. Proposal JID-24, unanimously approved on September 4th, directs 100% of Block Engine fees and future BAM fees directly to the DAO Treasury, doubling its previous share.

Until now, only 6% of the fees generated were split between Jito Labs and the DAO. With this new measure, Jito Labs has ceded its share, allowing the Jito DAO to take full control of the revenue, which should boost the protocol's finances, especially after the activation of the BAM module. However, even with the doubling of revenue, the $JTO token fell 8,7% last week.

DAO CSD focuses on value accrual for $JTO

The apparent disconnect between the strengthening of finances and the token's performance may be linked to a lack of clarity regarding $JTO's value accumulation mechanisms. In contrast to other Solana protocols that have adopted programmatic buyback models, Jito DAO has opted for more flexible strategies driven by its Cryptoeconomy Sub-DAO (CSD).

Formed after the approval of JID-17 in June, the CSD received $7,5 million in $jitoSOL and $5 million in $JTO tokens, aiming to develop strategies that increase the token's value, such as yield subsidies and swap vaults. With the new revenue from JID-24, the CSD is expected to intensify these initiatives.

JitoSOL's potential drives institutional expectations

In August, Jito DAO raised $1,61 million. With the redistribution of fees and the expected $15 million in annual revenue from BAM, according to CEO Lucas Bruder, cash flow is expected to grow substantially. Even so, Jito's market cap-to-revenue ratio (30,5) remains behind other projects such as pump.fun (2,6), Júpiter (4,2), and Raydium (19,6).

Meanwhile, jitoSOL—the network's leading LST—is gaining traction in the institutional market. The asset is the top pick for REX-Osprey's Solana staking ETF and could be incorporated into VanEck's proposed ETF, which has already officially filed a jitoSOL-based fund.

Despite revenue growth and strategic use of CSD, the lack of a clear programmatic model for $JTO still weighs on its market performance.