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Jupiter Co-founder: The J4J Project is a large-scale community consistency experiment

Jupiter Co-founder: The J4J Project is a large-scale community consistency experiment

Odaily2024/07/06 16:29
By:Odaily
Odaily News Jupiter co-founder Meow posted on the X platform that the J4J plan is a large-scale community consensus experiment. Earlier, Jupiter co-founder Meow posted on the X platform to announce the draft of the J4J plan, which mainly includes the initiation of the JUP proposal: - Propose to reduce the total supply of JUP by 30%; - The team will voluntarily cut its allocation by 30%; - Jupuary release will be reduced by 30% accordingly; - Jupiter has no direct investors in JUP, this move will reduce the burden on FDV, activate the community to truly understand the JUP token economics, and address concerns about high emission levels, and motivate everyone to develop metadata together.
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