In the blockchain industry, decentralization has always been a topic of great attention. Recently, Jito Labs proposed a noteworthy JIP-24 proposal, which has sparked widespread discussion within the industry.

The core content of this proposal is to directly transfer the fee income currently generated by Block Engine and BAM into the wallet of Jito DAO. If this proposal is approved, this income will be managed by the DAO, and JTO token holders will have the opportunity to share in this part of the revenue. This initiative is essentially Jito Labs' proactive move to reduce control over the network and decentralize more power to the community.

Specifically, the JIP-24 proposal aims to eliminate the existing revenue-sharing mechanism. In the future, all fee income and BAM-related earnings will be directed into the DAO treasury. Jito Labs stated that this decision is made to fulfill its commitment to token holders, ensuring that the DAO has greater autonomy in technical management and financial decision-making.

This proposal can be summarized in three key points:
1. The income management rights have been transferred from Jito Labs to the community.
2. JTO token holders will directly benefit from the profit distribution.
3. Jito Labs actively cedes part of its power to the community

Jito Labs believes that this model is fairer and can truly enable DAOs to achieve autonomy. However, further discussions and formulations are needed regarding the specific profit distribution plan and future operational details. If this proposal is successfully implemented, it will undoubtedly bring additional passive income sources to JTO holders.

This practice of directly returning income to the community demonstrates the sincerity of the project team and their commitment to the idea of Decentralization. Compared to some projects that tightly hold onto funds, Jito Labs' initiative is undoubtedly more open-minded. However, the success of this model largely depends on the governance capabilities of the DAO and the level of fund management.

With the continuous development of Blockchain technology, proposals like JIP-24 may become more and more common. They not only reflect the industry's pursuit of Decentralization but also demonstrate the efforts of project teams to seek balance with the community. In the future, we may see more innovative governance models emerge, driving the entire industry towards a more open and transparent direction.