The DAO of Jupiter is considering a significant decision to burn 130 million JUP tokens, aimed at rejuvenating community trust and focusing on core ecosystem values. This move follows discussions on prior token usage causing uncertainty among holders.
Currently, 50% of Jupiter’s on-chain revenue fosters the Litterbox Trust Fund for re-buying JUP. As the voting period lasts until 4 days and 13 hours, a future proposal on revenue management is set to follow.
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