Jupiter DAO members criticize project team for having too much voting power
2025-06-16 14:59
Odaily News The DAO governance structure of Solana's ecological exchange Jupiter has caused controversy. Anonymous member Thisisfun pointed out that the team excessively influenced the voting results and decentralized governance structure through the JUP governance tokens it holds (accounting for 20% of the total supply).
Jupiter co-founder Ming Ng responded in the forum that the two founders will not participate in the vote, but the third anonymous founder will still retain the right to vote. It is reported that in the latest Jupiter proposal, the votes of a single team wallet accounted for 4.5%. (DL News)
