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Ide JUP #3: KPS

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.@weremeow speaks to @lukebelmar on why economic education is broken: “If you look at all the economics textbooks, the most fundamental concept they teach you is price. And what is price denominated in? Fiat. The core of economics doesn’t question the underlying thing: fiat. That’s why it’s broken.”

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.@weremeow talks to Youtube co-founder @stevechen about UGC and UGM: “You’re obviously one of the pioneers of this thing called UGC, right? User Generated Content. And then what we are seeing now in this space is what I call UGM — User Generated Money. In UGC, the value is created from the users. And then in Web3 or crypto, the value is generated from the users too. In UGC, we move from an era of the big studios—the big studios create the content, they monetize the content, and they get the value from the content. But what you did is that you democratized the process. You allowed users to create the content, market the content too, and also get the value from the content. For example, if you’re Netflix, you have to make the content, market it, and run advertising globally. You go anywhere across the world—Japan, Tokyo, Europe—you see Netflix advertisements everywhere. But in this new era, the users are the ones that market their own content. And the same thing is happening in the crypto world. The users are generating the money, marketing the money, and getting the value of the money. There are a lot of nuances to this but generally speaking, it’s fascinating because we are really at the nexus of UGC and UGM.”

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This week in the Jupiverse, we honour our most valuable asset — our catdets. Yesterday’s Planetary Call covered several product improvements thanks to catdet feedback, the Grant initiative to empower our catdets, as well as a chat with the latest recipients of the Grants, @jussy_world and @fabianosolana. Want to learn more about how to contribute to the Jupiverse? Watch the recording with the timestamps below — the folder with the full recording can also be found in the dropbox link below! Timestamps: 0:00 - jm! 6:25 - What is the Jupiverse? 7:33 - Agenda for the Call 9:41 - This Week in the Jupiverse (DAO Quorum Vote Passed, Jupiter Swap Auto & Manual Modes, Jupiter is live on @drip_haus, The interns shipped FOX s/o @village_idiot and @9yointern, The @ApeJupiter Referral Program is open for everyone, Congrats to the new DAO Grantees @doctorpreballin, @jussy_world, and @fabianosolana, Community-Led Events are Kicking Off, @callum_codes shipped Jupalyse, $8k+ worth of Earning Opportunities are live on @SuperteamEarn, jupSOL earned 64k SOL through Jito tips and priority fees) 28:56 - Getting Feedback from Users and Improving Jupiter Products: DAO E-mail Alerts, Jupiter Lock, Hiding Imposter Tokens, Perps V2, Ape Pro 49:56 - Latest Vote Recap and Empowering the DAO through Grants w/ @SlorgoftheSlugs 1:00:09 - J.U.P is Home: Remember Tomisin 1:02:42 - Welcoming New Grantees: @jussy_world and @FabianoSolana 1:17:02 - Thank you for joining!

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Product Learnings, DAO Changes, and New Grantees | Planetary Call #32 https://x.com/i/broadcasts/1RDGlyZrzeDJL

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Take control with Auto & Manual Mode. Stick to Auto Mode and let Jupiter take care of the details. Or Manual Mode to fine tune and control your slippage/priority fees. This is part of our efforts to make using Jupiter ever easier. Let us know your feedback!

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