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Jupiter DAO: The proposal voting for 215 million unallocated JUP will end in 3 days, with the current vote count exceeding 245 million

2024-09-29 14:09:48
Collection

ChainCatcher news, Jupiter DAO posted on platform X to remind: there are less than 3 days left to determine the fate of 215 million unallocated JUP tokens. As of now, the votes have exceeded 245 million. "The specific end time is 11:30 PM on October 1.

Previous news, Jupiter co-founder Meow released a proposal draft to handle the 215 million unallocated JUP tokens, which originated from the unclaimed or unreallocated portion of the Jupuary airdrop earlier this year. The proposal presents three options:
1) Use the tokens for the Active Staking Rewards (ASR) program for the next year;
2) Burn the tokens;
3) Return the tokens to the community multi-signature wallet.
According to the draft, the Jupiter team "strongly" recommends the first option, believing that the ASR program has been effective in promoting community participation and DAO voting.

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