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Jupiter: Proposal to reduce JUP token supply now open for voting
2024-08-01 15:24
Odaily News Jupiter announced on the X platform that the proposal to reduce the supply of JUP tokens has now been launched for voting. Its main goal is to provide more certainty, consistency and transparency to all JUP holders and the community. For this proposal, Meow and the core team proposed to reduce the total supply by 30%, from 10 billion to 7 billion, of which the team voluntarily cut 30% of its designated allocation.