Jupiter completed the second phase of "Fresh Start," burning approximately 130 million JUP tokens and shortening the unstaking window.
Odaily Planet Daily reports that Jupiter has announced the completion of the second phase of its "Fresh Start" program, which aims to align JUP with the broader goal of driving billions of people into DeFi.
The plan aims to take a more strategic approach to developing JUP. The first phase focused on minimizing the DAO, resetting the community, and simplifying the narrative, while the core of the second phase is a vote to burn approximately 130 million JUP tokens (the "Litterbox Burn").
The Jupiter team is currently conducting token burns and, based on feedback from token holders, has shortened the unstaking window to 7 days.
Jupiter stated that it will adopt a strategic approach to "Jupuary" in the future, taking into account the opinions of all parties, actively designing to significantly reduce initial emissions, greatly increase coordination and consistency among airdrop holders, and focus 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 the product suite. Currently, JUP is integrated into its validation system (where Express Lane fees are burned) and Metis Binary (which requires 10,000 JUP to access). The next step will be to explore more ways to gracefully integrate JUP into future platforms.
