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The Jito plan aims to create subDAOs to promote protocol development.
According to Mars Finance, the Solana ecosystem liquid staking protocol Jito is currently creating a new subDAO aimed at promoting the development of the protocol and enhancing the value of its governance token JTO. According to a proposal written by Jito's governance head Nick Almond, this subDAO will refine and implement new strategies, such as token buybacks, yield subsidies, and fee switch treasury, to support the price of the JTO token. (DL News)