The biggest gripe with crypto "governance" tokens has always been the same: holders get fancy voting rights and not much else.
Jito Labs just decided to flip that script. The team behind Solana's largest liquid staking protocol announced JTX, a new self-custody trading platform launching in July, and tied it to one of the most aggressive value accrual mechanisms anywhere in DeFi: 80% of all JTX revenue will flow back into open-market buybacks of the JTO token. Traders noticed quickly. JTO climbed roughly 26% over a single week in mid-June, and the rally is less about hype than about math. If JTX scales the way Jit...
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