100% of Jito Protocol Revenue Will Go To the DAO Jito just unveiled their most important product to date, and while there is lots to unpack from the product standpoint - an important market catalyst was revealed: "Jito Foundation and Jito Labs are collaborating on a JIP to direct *all fees* collected by Jito from BAM and the Jito Block Engine to the DAO Treasury." Currently, the DAO and Jito Labs split a collective 6% take rate on tips 50/50 (3% each), but this upcoming proposal would change that, directing all value towards the DAO. Using the current 30, 60, and 90 day moving averages, along with the median daily tip amount over the last year, the 6% take rate on Tips annualizes to the following: 30-D: $27,820,634 60-D: $25,876,009 90-D: $35,457,431 Median 1-Y: $39,912,695 In addition, the median weekly JitoSOL staking reward fee annualizes to an additional $9.3m for the DAO. Add in interceptor, a lesser known product, and the DAO is looking at approximately $45m-$50m in annual revenue for the DAO. Directing 100% of take rates on fees are set to bolster Jito's strongest existing revenue stream. On BAM: We will share some deeper thoughts within an upcoming research report, but our high level takeaway is that Jito's success has always come from obsessing over improving the user experience on Solana, and this is continued progress in that direction. They made a controversial decision in the past to deprecate their mempool, only to see that decision lead to a surge of activity on the network. And while moving away from an incumbent solution with a dominant market share is bold, we believe the continued desire to improve overall network functionality will, in hindsight, once again prove obvious for driving increased user activity. With BAM Jito is offering protocols an opportunity to enable more efficient, transparent, and decentralized block-building via plug-ins. We believe this will boost revenue and unlock a new wave of value creation for all stakeholders. In Summary, we several postiive tailwinds for Jito right now - Staked SOL ETFs - SubDAO on Token-Economics funded - 100% of Revenue going to the DAO (full alignment) - and now the Block Assembly Marketplace (BAM) We are excited to share more of our thoughts on all these topics in our upcoming research report. Be sure to follow and subscribe to our substack so you can get it first!