Jupiter officials posted on social media that it has completed the second phase of JUP's "Fresh Start" program, which aims to strategically align JUP with the platform vision, community ecosystem, and token system that drives billions of users to DeFi.
"Fresh Start" is essentially a more strategic development path for the JUP. By deeply reflecting on the shortcomings of governance mechanisms and over-communication with the DAO, we realized that these factors are distracting the team and community from their core work. The second phase focused on voting on the destruction of about 130 million JUPs in Litterbox (cat litter box). Today we officially implemented the destruction plan and responded to the suggestion of coin holders to shorten the release period to 7 days.
Jupiter executed the destruction plan of about 130 million JUP yesterday, responding to the suggestion of coin holders to shorten the release period to 7 days
2025-11-26 02:37:08
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