Jupiter's proposal to reduce the supply of JUP tokens is now open for voting

According to BlockBeats, on August 1, Jupiter published a message saying that the proposal to "reduce the supply of JUP tokens" has now started voting, and its main goal is to provide more certainty, consistency and transparency for all JUP holders and the community.

For this proposal, Meow and the core team proposed to reduce the total supply by 30%, from 10 billion to 7 billion, with the team voluntarily cutting 30% of their designated allocation.