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.

See the execution

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.