JIP-38 ObservatoryIndependent protocol research Solana mainnet
RESEARCH / JITO NETWORK / JIP-38Snapshot unavailable

The buyback & burn monitor

A public commitment.
A verifiable record.

Follow Jito’s commitment to buy back and burn JTO with 80% of JTX platform fees. The recorded execution, the supporting evidence, and what remains unverified.

Explore the evidence

01Execution overview

Snapshot assessment
Committed to buyback & burn
Based on reported feesOperator claim
Recorded JIP-38 burns
JTO attributed to programmeSnapshot assessment
DAO treasury · JTO
Combined token accountsOn-chain balance

Execution against commitment

— days
of reported platform fees
0%Commitment —100%

A snapshot, not a finding of breach. The recorded commitment runs through Q4 2027. Burn timing and attribution require evidence; a zero reading alone does not establish that an obligation is overdue.

Follow the fee pathway

JTX scope only
JTX feesReported
JTO buybacksUntraced
JTO burnsUnassessed

The proposal commits the DAO’s 80% fee share to open-market buybacks and permanent burns. The sweep path and split remain operator claims.

Assessment basis unavailable.

02Treasury over time

Recorded balances. A transfer out can also lower the balance; a decrease alone is not proof of a burn.

— readings
— JTORecorded window

UTC timestamps · vertical axis is scaled to the observed range · no history is back-filled

View recorded balances
Treasury readings used in the chart
Timestamp (UTC)Treasury JTO

03Claims & observations

Each figure retains its source. Operator claims are not independently verified fee totals.

Claim capture —
Source and limitations of each dashboard metric
MetricRecorded valueBasisWhat it establishes

04The supply cross-check

A lifetime supply invariant provides a check on burn enumeration, not programme attribution.

02 / Authority

Mint authority

The recorded authority state determines whether additional minting is possible.

Current JTO supply

03 / Reconciliation

Measure the supply difference

With minting closed, genesis minus current supply measures lifetime destruction. Dates and programme attribution still need transaction evidence.

JTO destroyed across all periods

05Address registry

Inspect the accounts behind the research, including candidates ruled out.

— entries
RoleAddress · explorerConfidence

Research boundaries

What the record
doesn’t tell us.

Transparent limitations are part of the finding.