The Jupiter community concluded its vote at 19:00 today regarding the proposal to reduce future JUP token net emissions to zero. The initiative passed with a 75% approval rate, marking a significant shift in the token's economic model that could reshape market dynamics and value perception.
Jupuary Airdrop Restructuring
Under the approved plan, the Jupuary airdrop will be postponed indefinitely. The full allocation of 700 million JUP tokens originally reserved for this distribution will now return to a community multisig cold wallet as strategic reserves. User activity records and staking snapshots at the current point will be preserved for future reference.
The community emphasized that this decision remains open for reconsideration when market conditions, token performance and community sentiment appear more favorable.
Team Token Release Overhaul
Token distributions to team members will also be suspended indefinitely. Instead of direct token releases, team members will receive JUP claims against Jupiter's balance sheet. Any team member wishing to monetize their allocation will see the tokens purchased directly by Jupiter from its balance sheet.
This innovative approach aims to strengthen JUP reserves while demonstrating the team's long-term commitment to the token's success.
Mercurial Vesting Optimization
- Accelerated unlock schedule for Mercurial stakeholders
- Token sales will be offset by Jupiter's balance sheet purchases
- Market impact mitigation strategy implemented
Through these coordinated adjustments, Jupiter is building a more sustainable token economy designed to create long-term value for the community and ecosystem participants.