PANews
PANews|Oct 16, 2025 01:34
[Jupiter Announces Major Structural Adjustments to the JUP Ecosystem, Including a Vote on Whether to Burn 121 Million JUP] According to SolanaFloor, Jupiter has announced significant structural adjustments to the JUP ecosystem. The DAO will shift to high-impact governance, reduce the number of proposals, and eliminate working groups. The redemption period for JUP will be shortened from 30 days to 7 days. The DAO will hold a separate vote to decide whether to burn the 121 million JUP currently held by the Litterbox Trust (approximately 3.8% of the circulating supply). Another vote will follow to determine how future revenue will be managed.
+2
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads