Wu said that Jupiter announced that the proposal to "reduce the supply of JUP tokens" has now been launched for voting, aiming to provide more certainty, alignment and transparency for all JUP holders and the community. The proposal proposes to reduce the total supply of JUP by 30% from 10 billion to 7 billion, with the team voluntarily reducing its allocation by 30%. This is the first of three JUP-related votes, and subsequent votes will be held on Jupuary extension and ASR.