New JIP is LIVE on Realms 📣 JIP-17 proposes a Cryptoeconomics subDAO with: • $7.5M JitoSOL + 5M $JTO treasury allocation • 6-member multisig (4/6 threshold) • 12-month mandate to build value accrual mechanisms • Quarterly reporting requirements 🧵/8
@realmsdaos 3/8 Treasury allocation • $7.5M in JitoSOL for building & buyback operations • 5M JTO for incentive engineering and market mechanisms Funds would be allocated for a 12-month period with the goal of activating the ~$30M annual REV currently sitting idle in the DAO treasury.
@realmsdaos 4/8 SubDAO would operate with 4/6 multisig structure: • Meet monthly in closed sessions until consensus is reached • No public information until txs execute • Includes representatives from Jito Foundation, University College Dublin, MIT, MetaDAO, Chainflow, & Kairos Research.
@realmsdaos 5/8 The subDAO will have a mandate to activate multiple pathways for DAO revenue to benefit JTO holders The goal will be to deliver "at least 2 divergent approaches to Jito token economy governance and value accrual".
@realmsdaos 6/8 SubDAO reporting structure: • Quarterly public reports to the Jito DAO • All major decisions posted to the Jito Forum • Maximum 20% of JitoSOL for building costs • Unspent funds returned after 12 months • Performance tracked against specific metrics
@realmsdaos 8/8 🛡️
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