Jito (JTO) - JIP-17 Vote - From 08 Jul to 13 Jul 2025
CoinMarketCal
2025-07-13 01:00:18
Jito community will vote on JIP-17 between July 8 and 13. The proposal would create a subDAO to manage $7.5M JitoSOL and 5M $JTO to help value grow for the token. If the vote passes, it shows strong faith from holders and could push the price up, because new value mechanisms are promised. But if the community votes no, or if people worry about the plan’s structure, there may be selling. Governance votes can cause surprise moves, so this event is one to follow closely. source
New JIP is LIVE on Realms
JIP-17 proposes a Cryptoeconomics subDAO with:
• $7.5M JitoSOL + 5M treasury allocation
• 6-member multisig (4/6 threshold)
• 12-month mandate to build value accrual mechanisms
• Quarterly reporting requirements
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