Jito 代幣持有者將根據 TipRouter 提案獲得發薪日

Jito 經濟軌道的重組正在進行中。

A new proposal on the Jito network would see tips paid out to JTO holders.

Jito 網路上的一項新提案將向 JTO 持有者支付小費。

Tips are paid by users of Jito Labs' network, which is designed to make Solana crypto transactions more efficient. As a result of the tips, billions of dollars in crypto value already flows through the Jito network each year.

小費由 Jito Labs 網路的用戶支付，該網路旨在使 Solana 加密交易更加高效。由於這些提示，每年已有數十億美元的加密貨幣價值流經 Jito 網路。

Historically, Jito Labs has overseen the distribution of those tips to validators that run Jito software. However, a new setup called the TipRouter would spread that burden across a network of node operators. They will be tasked with reaching consensus on who gets a piece of the $15 million tips that Jito generates every few days.

從歷史上看，Jito Labs 一直負責監督這些提示向運行 Jito 軟體的驗證者的分發。然而，一種名為 TipRouter 的新設定會將這一負擔分散到節點運營商網路上。他們的任務是就誰能從 Jito 每隔幾天產生的 1500 萬美元小費中分得一杯羹達成共識。

In return, those node operators will get a taste of the tips. And so too will JTO holders who grant them legitimacy by staking their assets with them, assuming the new governance proposal JTO-10 is adopted.

作為回報，這些節點操作員將獲得一些技巧。假設新的治理提案 JTO-10 獲得通過，JTO 持有者也會透過抵押資產來賦予他們合法性。

The proposed system leans on two of Jito's recent headline-grabbing plays. First, its decision over the summer to build a restaking network for Solana. Second, its embrace of a new type of governance model called futarchy that empowers markets, instead of tokens and votes.

擬議的系統依賴 Jito 最近引人注目的兩部戲劇。首先，它在夏天決定為 Solana 建立一個重新質押網絡。其次，它採用了一種名為 futarchy 的新型治理模式，該模式賦予市場權力，而不是代幣和投票。

Jito's governance token JTO was created in the image of most every cryptoasset tied to a DAO: holders vote on proposals, and the more tokens they have, the more power they wield in the DAO. Like most governance tokens, JTO captured no direct economic upside.

Jito 的治理代幣 JTO 是按照大多數與 DAO 相關的加密資產的形象創建的：持有者對提案進行投票，他們擁有的代幣越多，他們在 DAO 中擁有的權力就越大。與大多數治理代幣一樣，JTO 並沒有獲得直接的經濟優勢。

That will change if JTO-10 passes first through Jito's traditional DAO and then is approved at the futarchy-based MetaDAO. Passage there seems all but certain because futarchic models push traders toward the outcome that is most likely to be economically beneficial for the token.

如果 JTO-10 首先通過 Jito 的傳統 DAO，然後在基於 futarchy 的 MetaDAO 獲得批准，情況將會改變。那裡的通過似乎幾乎是確定的，因為未來的模型推動交易者走向最有可能對代幣經濟有利的結果。

Interest in MetaDAO has been steadily building the Solana venn diagram of market nerds who care about decentralized governance, but struggled to catch on more broadly because it's quite complicated to participate in. Jito is MetaDAO's most prominent user and a proposal of this magnitude could drive more engagement with futarchy.

對MetaDAO 的興趣一直在穩步構建關心去中心化治理的市場書呆子的Solana 維恩圖，但由於參與起來相當複雜，因此很難在更廣泛的範圍內流行起來。大規模的提案可能會推動更多人與futarchy的接觸。

The TipRouter setup will also be an early stress test for Jito's restaking setup, one of the first to launch on Solana. Jito Foundation's Brian Smith said the project partly built a restaking setup in order to support the decentralization of the TipRouter.

TipRouter 設定也將是 Jito 重新抵押設定的早期壓力測試，這是首批在 Solana 上啟動的設定之一。 Jito 基金會的 Brian Smith 表示，該計畫部分建構了重新抵押設置，以支持 TipRouter 的去中心化。

"Its a good demonstration that these networks actually have utility, and people are willing to pay to use these networks," he said.

「這很好地證明了這些網路確實具有實用性，人們願意付費使用這些網絡，」他說。

Some critical pieces of the final design won't be ready at launch of Jito restaking and TipRouter. For instance, there won't initially be a slashing mechanism that would punish node operators who attempt to lie about where tip rewards ought to flow. Slashing would cut the JTO that stakers allocated to them.

最終設計的一些關鍵部分在 Jito restake 和 TipRouter 發佈時尚未準備好。例如，最初不會有懲罰機制來懲罰那些試圖在小費獎勵應該流向的問題上撒謊的節點運營商。削減將削減質押者分配給他們的 JTO。

That would be a costly reversal on a setup that — if all works properly and if current network activity persists — might see $3.6 million in tips flow to node operators and their JTO stakers annually.

這將是一個代價高昂的逆轉，如果一切正常並且當前的網路活動持續下去，每年可能會看到 360 萬美元的小費流向節點運營商及其 JTO 質押者。

Slashing is a critical element of ensuring economic security in crypto's broader restaking movement. It's also seen as a paradoxically optional piece of early-days design by the biggest proponents of restaking, most notably sector leader and pioneer EigenLayer.

在加密貨幣更廣泛的重新抵押運動中，削減是確保經濟安全的關鍵因素。它也被重新抵押的最大支持者，尤其是行業領導者和先驅 EigenLayer 視為早期設計的一個自相矛盾的可選部分。

Smith said Jito's TipRouter will probably have some sort of slashing mechanism eventually. But there's a lot of "really complicated edge cases" that need to be accounted for in the meantime, he said.

史密斯表示，Jito 的 TipRouter 最終可能會有某種削減機制。但他表示，同時，還有很多「非常複雜的邊緣情況」需要考慮。

"You can have a carrot and a stick. The carrot is big enough at the moment that we probably don't need a stick," he said.

「你可以胡蘿蔔加大棒。目前胡蘿蔔已經足夠大了，我們可能不需要大棒，」他說。