Jito has introduced Proposal JIP-31, suggesting a shift of 100% of protocol revenue to validators operating BAM, while pausing the current buyback program by CSD. BAM is seen as crucial for Solana's network growth, potentially establishing a foundation for an internet capital market. The proposal includes an early adopter subsidy program, rewarding validators through JitoSOL based on staking weight, to encourage BAM adoption. This subsidy will run from January 12, 2024, to Q3 2026, initially using all protocol revenue, then tapering off. Jito aims to boost BAM adoption but acknowledges potential risks if adoption rates fall short.
Jito Proposes Redirecting Protocol Revenue to BAM Validators
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