Jito Labs, a company building on the Solana blockchain, has proposed a change in how the maximal extractible value (MEV) tips collected by the protocol are distributed. The proposal suggests sending 3% of all MEV tips to the DAO treasury and to TipRouter, a program developed for Jito's restaking platform. Jito Labs has also pledged to reduce its own tip share from 5% to 3%. The proposal aims to generate $22.8 million in annual revenue for the Jito DAO. MEV refers to the profit generated by reordering transactions on a blockchain, and Jito MEV tips have accounted for a significant portion of Solana's real economic value (REV). The proposal represents a change in how income is distributed among Solana stakeholders, including stakers and validators. The proposal is subject to a vote from Jito governance but is likely to pass considering the potential revenue it could generate.



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