🚀 Exciting news from the world of decentralized finance! Jupiter, the Solana-based decentralized exchange aggregator, is set to embark on a new chapter with a whopping $127 million injection into its DAO wallet. 💰
🌟 This generous funding, comprising 10 million USDC and 100 million JUP tokens, is earmarked for long-term incentives and financial support for the platform's contributors. With this substantial backing, Jupiter DAO aims to foster innovation and growth within its community.
🌐 Not stopping there, Jupiter DAO pledges to allocate funds towards critical initiatives such as working groups, public products, and community projects. But it doesn't end here! To ensure sustained progress, Jupiter plans to replenish this budget annually, setting a precedent for long-term sustainability and growth. 📈
🔐 Safeguarding these funds is a top priority, entrusted to a multi-signature DAO composed of three team members and CWG's c2yptic, ensuring transparency and accountability every step of the way. With this injection of capital and commitment to community-driven governance, Jupiter is poised to soar to new heights in the decentralized finance landscape! 🌌 #Jupiter🪐 #HotTrends