Lightspeed Do Buybacks Make Sense? | Lucas Bruder
Jan 8, 2026
In this engaging discussion, Lucas Bruder, the founder of Jito, sheds light on the innovative IBRL dashboard for Solana validators. He explores the delicate balance between token buybacks and growth strategies, emphasizing the nuanced trade-offs involved. Lucas critiques the incentives driving validator behavior and the impact of social pressure on performance. The pair also dive into futurist governance models and innovative proposals to align equity and tokens, making predictions for the future landscape of on-chain trading.
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Shorten Slot Times To Reduce Games
- Shorten and make slot times more deterministic to reduce late packing incentives.
- Expect Alpenglow and async execution to help enable lower slot times over time.
Execution Certainty Improves Pricing
- Better sequencing and protocol fixes give market makers more certainty to quote tighter spreads.
- Improved execution ultimately yields better pricing for end users.
Prepare For Landing Services To Commoditize
- Expect transaction landing services to commoditize; build adjacent business lines to stay valuable.
- Avoid relying solely on landing fees because duplicate submissions and durable nonces create network noise.