The Supply Reduction Proposal is live, with the key objective of providing more certainty, alignment and transparency (CAT) for all JUP holders and the community.
Vote Now: https://t.co/PqWVnuzIZ5
This is the first of 3 J4J votes, with upcoming votes for extending Jupuaries and ASRs.
For this proposal, Meow and the Core Team have proposed a 30% reduction in total supply, from 10B to 7B, including the team voluntarily cutting 30% from their assigned allocation.
Ahead of the first J4J Vote, we have a banger of a Planetary Call tonight.
Meet Jupiter Spot and @0xYankee, with the goal to unify all the different ways we trade on Jupiter.
@0xSoju will then take us through a quick summary of the first community $JUP Audit, which happened live yesterday.
@weremeow will talk about the key ideas of JUP laid out in the upcoming JUP, CAT and PPP essay, and a brief overview of tomorrow’s JUP token reduction proposal.
For this week, we also have Special Guest: @blknoiz06 joining us to chat with Meow and Kash, live!
We’re doubling down our dedication to JUP Transparency this week and capping off with a momental vote on Thursday.
Starting off with an essay from @weremeow, about the importance of C.A.T and JUP, followed by a walkthrough of JUP usage and transactions since launch on Tuesday.
Next, the first J4J Proposal, Supply Reduction will go live on Wednesday, before being voted on on Thursday.
Expect Twitter Spaces or Discord Town Halls and discussions as well, after the vote begins.
It’s another important week for the Jupiverse, see you catdets!
Confused what C.A.T is? Hear from @weremeow about Certainty, Alignment and Transparency below.