According to Odaily, Jupiter's co-founder, known as Meow, has proposed a long-term strategy for reducing the number of JUP tokens. This is not a short-term, one-off event, but a plan aimed at addressing three key issues that are crucial for the long-term health of the token.
The first issue is to reduce emissions and provide certainty. The second is to clean up the 'exaggerated' part in FDV. The third is to enhance the cohesion of the JUP community.
In order to achieve this, the Jupiter team itself will also reduce the allocation of tokens. However, this is not a random 'burning of money', but a protocol within the community, which makes the long-term prospects of the token stronger than ever before.
