Jupiter DAO Launches Proposal Discussion on "Introducing Emergency Unpledge Mechanism for JUP"
2024-11-29 11:20:42
On November 29th, a proposal discussion was initiated in the Jupiter DAO for "introducing an emergency unlocking mechanism for JUP". The proposal stated that "the fixed 30-day unlocking period for JUP pledges is a powerful mechanism to lock in supplies and encourage long-term commitment, but it may pose significant challenges in the event of a black swan event or unforeseen emergency. Introducing an emergency unlocking option, users can shorten the 30-day unlocking period by paying a penalty or fee, and the fee charged can be added to the vault or redistributed as a pledge reward."
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