Jito Foundation has unveiled four significant updates to the JTO token economics, enhancing its liquidity staking protocol within the Solana ecosystem. The foundation has initiated a $1 million buyback program for JTO tokens, executed in four phases over ten days using a time-weighted average price mechanism. Additionally, the JIP-24 proposal has been approved, doubling the DAO's block engine fees to a 6% share. The foundation has also launched the JTO Token Economic Center, offering a comprehensive real-time overview of the protocol's health, including revenue, financial status, governance, and token performance. Furthermore, the first token holder call is scheduled for September 24th, providing insights into Jito's recent developments and future plans, along with a Q&A session for token holders.