Jupiter Launches Voting For JUP Supply Cut By 3 Billion
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Jupiter initiates a voting process for JUP token holders on a major proposal to reduce the supply by 30%. This move enhances transparency & alignment with tokenomics changes.
Highlights
Jupiter proposes cutting the JUP token supply by 3 billion to address tokenomics and enhance community alignment.
The vote includes a 30% reduction in team allocations and "Jupuary" emissions, part of a broader strategy for clearer token distribution.
This vote is the first in a series of planned J4J votes, focusing on supply adjustments, transparency, and strategic growth.
Jupiter has initiated a crucial voting process for its token holders.