PANews February 18th News, according to Cryptopolitan, Jupiter DAO has initiated a vote on a proposal to reduce the net “issuance” of JUP tokens to zero, aiming to cancel the Jupuary airdrop to avoid further token dilution in a persistently bearish market. The voting will end on February 22nd. The proposal offers two options: one is to continue with Jupuary, open airdrop queries and distribute 200 million JUP within one week after the vote ends; the second is to adopt a zero net issuance plan, indefinitely postpone Jupuary, return the 700 million JUP prepared to the community cold multi-signature wallet, indefinitely suspend team reserves issuance, accelerate the unlocking of Mercurial tokens, and buy back some of the newly released JUP to absorb selling pressure.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Hashgraph Group推出基于Hedera的欧盟数字产品护照工具
Switzerland's Hashgraph Group launches the Hedera-based TrackTrace supply chain tracking platform to address new EU product compliance regulations. The platform records product movement and emission data, supports automated compliance reporting, and responds to the Sustainable Product Eco-Design Regulation coming into effect in 2024.
GateNewsBot18m ago
Board of Peace Studies Stablecoin for Postwar Gaza Economy
_Trump’s Board of Peace studies stablecoin for Gaza economy rebuilding, with $17 billion pledged and digital infrastructure plans under review._
The Board of Peace is now exploring a new stablecoin to assist the postwar Gaza economy. According to Financial Times, this digital tool assists
LiveBTCNews19m ago
Infini founder Christian hints at the restart of the crypto card product tomorrow
Odaily Planet Daily reports that Infini founder Christian posted a screenshot of a Visa crypto card on X and stated, "Major update coming tomorrow, it's back," hinting at the re-launch of the crypto card product.
Infini was previously a leading project in the crypto card space but announced the discontinuation of Infini Card services in May of last year.
GateNewsBot57m ago
Ethereum Foundation is no longer selling tokens! Launching the first staking with "70,000 ETH transfer to Beacon Chain," with all proceeds fully supporting the development ecosystem.
The Ethereum Foundation officially launches ETH staking in the treasury, with an estimated investment of about 70,000 ETH. All proceeds will be reinvested to support protocol development and community ecosystem. This staking uses an open-source decentralized solution to reduce risk and demonstrates a shift in financial strategy from "selling tokens" to "staking," to promote sustainable operations.
動區BlockTempo59m ago