🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your
Jito proposed to allocate 100% of Block engine fees to the DAO treasury.
PANews, August 6th news, according to CoinDesk, Jito Labs proposed a new governance proposal JIP-24 on Tuesday, aiming to directly transfer all block engine and BAM fees to the Jito DAO treasury, further promoting network decentralization. If the proposal is passed, the DAO will control protocol revenue and direct it to JTO token holders, reducing Jito Labs' influence on the network, increasing the role of DAO sub-groups in development, and Jito Labs hopes to enhance token value through this. Currently, the Jito Block engine rewards are distributed evenly. JIP-24 will eliminate this method, permanently transferring all 6% fees and future BAM-related income into the DAO treasury. It is estimated that BAM-related fees, especially plugin activity fees, could bring an additional $15 million in new revenue to the DAO each year. The proposal also designates funds for the development plan of the Crypto Economy Sub-DAO (CSD).