PANews reported on October 16th that, according to SolanaFloor, Jupiter announced major structural changes to the JUP ecosystem. The DAO will shift to high-impact governance, with fewer proposals and the elimination of working groups. The JUP redemption period will be shortened from 30 days to 7 days. The DAO will hold a separate vote on whether to burn the 121 million JUP currently held by the Litterbox Trust (approximately 3.8% of the circulating supply), followed by another vote on how to manage future revenue.PANews reported on October 16th that, according to SolanaFloor, Jupiter announced major structural changes to the JUP ecosystem. The DAO will shift to high-impact governance, with fewer proposals and the elimination of working groups. The JUP redemption period will be shortened from 30 days to 7 days. The DAO will hold a separate vote on whether to burn the 121 million JUP currently held by the Litterbox Trust (approximately 3.8% of the circulating supply), followed by another vote on how to manage future revenue.
Jupiter announced major structural adjustments to the JUP ecosystem, including a vote on whether to destroy 121 million JUP tokens.
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PANews reported on October 16th that, according to SolanaFloor, Jupiter announced major structural changes to the JUP ecosystem. The DAO will shift to high-impact governance, with fewer proposals and the elimination of working groups. The JUP redemption period will be shortened from 30 days to 7 days. The DAO will hold a separate vote on whether to burn the 121 million JUP currently held by the Litterbox Trust (approximately 3.8% of the circulating supply), followed by another vote on how to manage future revenue.
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