Jupiter DAO plans to reduce the JUP issuance to nearly zero, with the 700 million airdrop possibly delayed

JUP4,58%
SOL1,99%

On February 14th, the important Solana ecosystem project Jupiter submitted a key proposal to its DAO, planning to reduce the net token issuance of JUP to “near zero” to alleviate market concerns over inflation and selling pressure, and to strengthen the long-term value support of the token. The proposal has entered the community voting stage, and the final result will be decided by token holders.

According to the proposal, the team will begin to cut new supply from three main sources. First, all token releases from the team reserve will be indefinitely suspended; unvested tokens will be directly absorbed by the treasury and will no longer flow into the secondary market. Second, the originally planned “Jupuary” airdrop will be postponed; approximately 700 million tokens from this round will be temporarily returned to a multi-signature community wallet, with snapshots of eligible users still retained for future distribution. Third, tokens related to Mercurial unlocks will be accelerated for release but will be repurchased by the treasury to offset potential sell pressure.

Jupiter stated that community anxiety over continuous issuance has become evident. Although the project previously burned 3 billion tokens, extended the team’s lock-up period, and allocated half of on-chain revenue for buybacks, the market still seeks stronger supply control. The team believes that reducing inflation expectations can help boost confidence during market volatility.

The vote offers two options: maintain the original airdrop and issuance schedule, or delay the airdrop and implement a “near zero issuance” strategy. If the latter passes, most new tokens in 2026 will be canceled, reducing sell pressure in the short term, but also delaying rewards for active users.

Regardless of the outcome, this DAO vote will mark an important turning point in Jupiter’s tokenomics and set an example for governance approaches in DeFi projects within the Solana ecosystem.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Crypto Market Drops 3% As Fear Index Hits Extreme

The crypto market has dropped by 3.20%, reaching a total capitalization of $2.27T, with Bitcoin and Ethereum seeing declines. Despite overall downturns, some altcoins have surged significantly. Key developments include a bug in the XRP Ledger and a major stake sale by True Corp.

BlockChainReporter1h ago

[Midnight Market Briefing] Cryptocurrency market fluctuates... Bitcoin $64,449, Ethereum $1,888

The cryptocurrency market is experiencing a downward correction, with Bitcoin and Ethereum falling by 2.20% and 2.86% respectively. The performance of mainstream altcoins is mixed. The total market capitalization is approximately $2.23 trillion. Both the DeFi market and stablecoins have seen slight declines. Strategically, it is necessary to consider whether the decline should be viewed as a buying opportunity.

TechubNews5h ago

Polygon Strengthens Global Payments Role with Brazil’s BBRL Stablecoin Launch

Grupo Braza, one of Brazil’s largest foreign exchange banks, has launched BBRL, a new stablecoin on the Polygon network. BBRL is backed by reals in reserve, expanding the reach of Brazil’s national currency in global digital finance as CBDC development slows down. Grupo Braza, one of Brazil’

CryptoNewsFlash5h ago

Pi Network Rolls Out Phase 2 Protocol Upgrades With Mandatory Node Deadline

Pi Network set March 1 as the mandatory deadline for Step 2 upgrades, and Mainnet nodes that miss it risk losing network connectivity. The update advances Pi’s protocol path toward newer Stellar consensus versions, with the Core Team targeting version 23 by June 2026. Pi Network has

CryptoNewsFlash7h ago

Vitalik Buterin Unveils 4-Year Roadmap for Faster, Quantum-Resistant Ethereum

Vitalik Buterin has proposed a four-year plan under which Ethereum will achieve quantum resistance via new hash-based signatures and quantum-resistant cryptography. Buterin has sold nearly 17,200 ETH, surpassing his stated target of 16,384 ETH which he said he’d sell to support ecosystem

CryptoNewsFlash7h ago

Pi Network Migration Hits 50M Daily as Team Flags GCV Scams

Pi Network news today shows its activity picking up speed again. At least according to the community updates shared on February 28. A prominent Pi community member claimed the network is now mapping roughly 50 million Pi coins per day to Mainnet wallets. The update quickly spread among Pioneers

Coinfomania9h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)