The Jito Foundation has unveiled four key updates to JTO token economics, aiming to drive greater value for the JTO token. These updates include a successful first round of JTO buyback operations that saw $1 million invested in the token via four separate transactions over ten days. The foundation will continue utilizing the TWAP (Time-Weighted Average Price) buyback strategy and is exploring alternative mechanisms, such as an auction system, to automatically boost JTO value. Additionally, JIP-24 proposal received approval, doubling DAO block engine fees. Finally, the Jito Foundation launched a dedicated JTO Economic Hub page, providing insights into JTO tokenomics for community members and hosted its first conference call specifically for JTO token holders.