According to ChainCatcher, Jupiter co-founder Meow published a draft of the J4J plan on a social platform, which mainly includes initiating the JUP proposal:
Proposed reduction of total JUP supply by 30%;
Teams will voluntarily cut 30% of their allocations;
Jupuary releases were reduced by 30% accordingly;
Jupiter has no direct investors in JUP, a move that will reduce the burden on FDV, activate the community to truly understand JUP token economics, address concerns about high emission levels, and incentivize everyone to develop metadata together.
Meow said the team will stake 100% of the tokens from the first year cliff period over the next two years to ensure there is no supply shock, and he and Siong (and many others on the team) have committed to lock up all vested tokens until June 2026. The plan is currently just a draft, and the full proposal will be put forward before the actual DAO vote.
