Jupiter announces suspension of DAO voting until the end of 2025 due to the current governance structure not meeting expectations
2025-06-20 12:11:54
According to CoinDesk, Jupiter, a Solana eco-DEX project, announced the suspension of DAO voting until the end of 2025, saying that the current governance structure did not meet expectations and the trust mechanism failed. Executive member Kash Dhanda said that the team will return in 2026 with a "more unified" governance model. The current pledge incentive of 50 million JUP per quarter remains unchanged, but there will be no new DAO-funded working groups. JUP fell by 21.8% in the past 30 days, and the currency price remained stable at $0.405 after the news was announced.
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