Jupiter suspends DAO voting until the end of 2025 as current governance structure falls short of expectations
2025-06-20 12:06
Odaily News Solana ecosystem DEX project Jupiter announced the suspension of DAO voting until the end of 2025, saying that the current governance structure has not met expectations and the trust mechanism has failed. Executive member Kash Dhanda said that the team will return in 2026 with a "more unified" governance model. The current staking incentive of 50 million JUP per quarter remains unchanged, but no new working groups funded by the DAO will be added. JUP has fallen by 21.8% in the past 30 days. After the news was announced, the price of the currency remained stable at $0.405. (CoinDesk)
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