Jupiter has taken note of the concerns raised within its community regarding the Active Stake Rewards (ASR) claim process. The Solana protocol is working on safer alternatives so that users can access their rewards without compromising their private keys.
The Security Challenge Faced by the Community
According to reports from BlockBeats and observations from Solana Floor, the previous mechanism required users to import their mnemonic phrases directly into the Jupiter wallet to claim the previous period’s ASR rewards. This requirement sparked a wave of criticism within the community, mainly because it exposed users’ private keys to unnecessary risks.
Community members pointed out that this approach was not only problematic from a security standpoint but also excluded those using custodial wallets or non-custodial solutions. For these users, the process posed a dilemma: compromise security or forgo their earned rewards.
Jupiter’s Response: A More Inclusive Solution
Listening to the feedback, Jupiter announced that it is actively developing alternative methods for reward claiming. The platform has committed to deploying these new options within one to two weeks, allowing users to access their rewards securely and compatible with various wallet types.
These changes reflect Jupiter’s recognition of the importance of combining functionality with robust security. By implementing alternative mechanisms, the platform aims to keep its community protected while facilitating equitable access to accumulated rewards, regardless of the wallet model each user prefers to use.
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Jupiter Plans to Improve the ASR Reward Claim System After Security Criticisms
Jupiter has taken note of the concerns raised within its community regarding the Active Stake Rewards (ASR) claim process. The Solana protocol is working on safer alternatives so that users can access their rewards without compromising their private keys.
The Security Challenge Faced by the Community
According to reports from BlockBeats and observations from Solana Floor, the previous mechanism required users to import their mnemonic phrases directly into the Jupiter wallet to claim the previous period’s ASR rewards. This requirement sparked a wave of criticism within the community, mainly because it exposed users’ private keys to unnecessary risks.
Community members pointed out that this approach was not only problematic from a security standpoint but also excluded those using custodial wallets or non-custodial solutions. For these users, the process posed a dilemma: compromise security or forgo their earned rewards.
Jupiter’s Response: A More Inclusive Solution
Listening to the feedback, Jupiter announced that it is actively developing alternative methods for reward claiming. The platform has committed to deploying these new options within one to two weeks, allowing users to access their rewards securely and compatible with various wallet types.
These changes reflect Jupiter’s recognition of the importance of combining functionality with robust security. By implementing alternative mechanisms, the platform aims to keep its community protected while facilitating equitable access to accumulated rewards, regardless of the wallet model each user prefers to use.