Jito Foundation hires head of governance

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Continuing a string of recent hires, Jito Foundation has appointed Nick Almond as its head of governance, Lightspeed has learned exclusively.

An academic by training, Almond comes to Jito following a stint as CEO of the DAO-focused R&D shop Factory Labs. In comments shared with me, Almond said he hopes to steer Jito’s DAO clear of some common pitfalls that have befallen these organizations by “cautiously expanding” what the DAO tries to do.

Jito is Solana’s most important infrastructure project. Its Jito-Solana client, which adds revenue-boosting MEV modifications to the original…

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