PANews reported on July 14 that according to DL News, Jito, the Solana ecosystem liquidity pledge protocol, is currently creating a new sub-DAO to promote the development of the protocolPANews reported on July 14 that according to DL News, Jito, the Solana ecosystem liquidity pledge protocol, is currently creating a new sub-DAO to promote the development of the protocol
Jito plans to create a new sub-DAO to drive protocol development and increase the value of JTO tokens
PANews reported on July 14 that according to DL News, Jito, the Solana ecosystem liquidity pledge protocol, is currently creating a new sub-DAO to promote the development of the protocol and enhance the value of its governance token JTO. This sub-DAO called "Cryptoeconomics" will be managed by a group of experts in the field of decentralized finance. According to the proposal written by Nick Almond, head of Jito governance, they will improve and implement new strategies such as token repurchases, revenue subsidies, and fee switching vaults to support the price of JTO tokens.
Market Opportunity
JITO Price(JTO)
$0.3351
$0.3351$0.3351
USD
JITO (JTO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
The Channel Factories We’ve Been Waiting For
The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush. Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs. Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Why Is the Bitcoin Price Constantly Falling? Analysis Firm Says “The Selling Process Has Reached Saturation,” Shares Its Expectations
Cryptocurrency analytics company K33 Research has evaluated the recent price movements of Bitcoin. Here are the details. Continue Reading: Why Is the Bitcoin Price
Share
Coinstats2025/12/18 03:53
Gold continues to hit new highs. How to invest in gold in the crypto market?
As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Share
PANews2025/04/14 17:12