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#DeFi生态系统发展# Looking back at the past, the development of the DeFi ecosystem has made such decentralized governance proposals quite common. The JIP-24 proposal from Jito Labs reminds me of the scenes during the DeFi boom in 2020. At that time, various projects were vying to launch governance tokens, all aimed at achieving decentralization and community autonomy.
However, upon closer inspection of Jito's approach this time, it is quite innovative. They not only want to give all protocol revenue to the DAO but also allocate the revenue from Block Engine and BAM. This is much more substantial than the actions of many projects back in the day. I remember that many projects were still struggling with whether or not to decentralize power, and Jito's move can be said to be quite decisive.
From historical experience, this practice does have a certain effect on increasing the value of the Token. However, the key still lies in the governance level of the DAO in the future. After all, fortune favors the bold, and some projects gradually lose cohesion and sense of direction during the process of Decentralization.
However, it must be said that the determination of Jito to persist in promoting Decentralization during a bear market is commendable. I hope they can avoid following the old path of some pioneers and truly achieve long-term sustainable development. This case is worth our continued attention, and it may provide some insights for the current development of the DeFi ecosystem.