Last night I watched that Jito JIP-38 post, and then I matched it with the news about JTX smashing the stock order book—finally, the Solana infrastructure folks have tied “collecting fees” and “sweeping their own coins” into one loop.
Simply put: about 80% of the JTX platform fee goes into the DAO. JIP-38 then takes that allocation in the first year (at least up through 2027 Q4), and almost all of it is used to buy $JTO at market price, then permanently burn it. The hotter the trades, the more aggressively they burn. Right now, JTX can still skim U.S.-stock token trades at a 0.02% fee—so when the traffic comes in, it’s basically adding fuel to buybacks.
On the chart, $JTO is still hovering around 0.42. It’s still several dollars away from half of the ATH, yet the story has shifted from “governance token” to an “income flywheel.” I’ll be adding in batches at 0.40–0.43; if it breaks below 0.36, I’ll pull out first. The first target is 0.52–0.58—if it holds, then I’ll look at 0.68–0.75. Don’t just stare at whether $SOL is up or down—watch whether there’s real transaction flow. If there’s flow, the flywheel can actually turn.
#WriteToEarn #JTO
Simply put: about 80% of the JTX platform fee goes into the DAO. JIP-38 then takes that allocation in the first year (at least up through 2027 Q4), and almost all of it is used to buy $JTO at market price, then permanently burn it. The hotter the trades, the more aggressively they burn. Right now, JTX can still skim U.S.-stock token trades at a 0.02% fee—so when the traffic comes in, it’s basically adding fuel to buybacks.
On the chart, $JTO is still hovering around 0.42. It’s still several dollars away from half of the ATH, yet the story has shifted from “governance token” to an “income flywheel.” I’ll be adding in batches at 0.40–0.43; if it breaks below 0.36, I’ll pull out first. The first target is 0.52–0.58—if it holds, then I’ll look at 0.68–0.75. Don’t just stare at whether $SOL is up or down—watch whether there’s real transaction flow. If there’s flow, the flywheel can actually turn.
#WriteToEarn #JTO
