Jupiter Exchange Adopts Long-Term JUP Buyback Strategy
Jupiter Exchange is introducing a new approach to managing its native JUP token, shifting from traditional token burns to a long-term buyback and lock strategy.
Starting February 17, the platform will allocate half of its protocol fees to repurchasing JUP , locking these tokens away for three years to reduce circulating supply and promote stability.
To provide transparency, a dedicated dashboard will soon be launched, allowing users to track the buyback process and observe how tokens are secured over time.
This change follows a January initiative where a similar buyback effort—though with a burn mechanism—helped drive JUP’s market value up by 60%. The new model, however, focuses on sustainable growth rather than short-term price impact.
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Grayscale Pushes for XRP and Dogecoin ETFs as SEC Review BeginsJupiter’s evolving strategy aligns with its broader vision for expansion within Solana’s DeFi landscape. At a recent industry event, executives hinted at potential acquisitions and upcoming platform improvements, emphasizing their commitment to long-term ecosystem development.
This move also reflects a growing trend among crypto platforms that are leveraging controlled token supply mechanisms to enhance market stability. Similar strategies have been adopted by major players like Binance and MakerDAO, reinforcing the industry’s shift toward structured asset management in decentralized finance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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