Jupiter co-founder Meow released a draft of the J4J plan on the platform, aiming to optimize the JUP token economy through a series of measures to make it healthier and more sustainable. Here are the main contents of the plan:
Reduce the total supply: It is proposed to reduce the total supply of JUP by 30%.
Voluntary reduction of the team's allocation: Team members voluntarily reduce their allocation by 30%.
Jupuary emission reduction: The release of Jupuary is reduced by 30% accordingly.
Reduce the burden of FDV: Jupiter currently has no direct JUP investors, and this move will reduce the project's liquid market value (FDV) burden.
Activate community participation: Through these measures, the community is encouraged to have a deeper understanding of JUP's token economics, and concerns about high emission levels are addressed, encouraging everyone to develop metadata together.
Meow said that the team will stake 100% of the tokens in the first year cliff period over the next two years to ensure that there will be no supply shock. He and Siong (along with the rest of the team) have committed to lock up all vested tokens until June 2026. The current draft is only a preliminary proposal, and the full proposal will be submitted before the DAO vote to allow the community to decide on these important changes.
