JUP recently launched a super innovative supply reduction proposal, which is now live and waiting for the community to vote!

This proposal is a big deal for JUP, and it aims to provide more certainty, consistency, and transparency to all JUP holders and the wider community.

Specifically, Bamboo Coin intends to cut the total supply by 30%, from 10 billion to 7 billion. This is a reflection of the team's determination for the long-term success of the project and their shared vision with the community. In addition, the core team led by Meow is super awesome, and they have committed to cutting their own token allocation by 30%, which is really hard work!

This new direction is built on JUP's previous super successful Jupuary and ASR projects! These projects were funded by LFG fees and the hard work of the initial working group. If the community supports the vote to extend the Jupuary and ASR programs for two more seasons, the future of Bamboo Coin will be even more exciting!

If the community decides not to make these extensions, future plans may have to be put on hold. But don't worry, the core functions of the product will continue to serve everyone.

Also, there is an awesome "Community First" (CEF) plan in this proposal! The main team members, including the founder Siong, have pledged their tokens for another two years to avoid any supply shocks. If all these actions are completed, will JUP have a good wave of growth?