PANews reported on November 26 that Jupiter announced on its X platform that it has completed the second phase of the JUP token "Fresh Start" program. This phase focused on voting to burn approximately 130 million JUP tokens in Litterbox. The burning plan has been officially implemented, and in response to token holders' suggestions, the staking period has been shortened to 7 days. Jupiter stated that it will adopt a strategic approach to "Jupuary" going forward, taking into account feedback from all parties, actively designing to significantly reduce initial emissions, and focusing on accelerating the core platform needs and vision of decentralization. The project will continue to explore how to handle the 50% of revenue continuously sent to Litterbox and will continue to seek new ways to integrate JUP into its product suite.PANews reported on November 26 that Jupiter announced on its X platform that it has completed the second phase of the JUP token "Fresh Start" program. This phase focused on voting to burn approximately 130 million JUP tokens in Litterbox. The burning plan has been officially implemented, and in response to token holders' suggestions, the staking period has been shortened to 7 days. Jupiter stated that it will adopt a strategic approach to "Jupuary" going forward, taking into account feedback from all parties, actively designing to significantly reduce initial emissions, and focusing on accelerating the core platform needs and vision of decentralization. The project will continue to explore how to handle the 50% of revenue continuously sent to Litterbox and will continue to seek new ways to integrate JUP into its product suite.
Jupiter has executed a 130 million JUP burn program and shortened the unstaking window.
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PANews reported on November 26 that Jupiter announced on its X platform that it has completed the second phase of the JUP token "Fresh Start" program. This phase focused on voting to burn approximately 130 million JUP tokens in Litterbox. The burning plan has been officially implemented, and in response to token holders' suggestions, the staking period has been shortened to 7 days.
Jupiter stated that it will adopt a strategic approach to "Jupuary" going forward, taking into account feedback from all parties, actively designing to significantly reduce initial emissions, and focusing on accelerating the core platform needs and vision of decentralization. The project will continue to explore how to handle the 50% of revenue continuously sent to Litterbox and will continue to seek new ways to integrate JUP into its product suite.
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