Wu says that according to an official statement from Jupiter, the team has submitted a proposal to the DAO to reduce the token's "net emissions" to near zero in the foreseeable future. The plan includes: an indefinite suspension of token releases from the Team Reserve; Jupiter Treasury absorbing any sales of team-unlocked tokens; an indefinite delay of the "Jupuary" airdrop; and accelerated hedging of Mercurial-related unlocks. Whether it ultimately passes will be decided by a DAO vote.
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Wu says that according to an official statement from Jupiter, the team has submitted a proposal to the DAO to reduce the token's "net emissions" to near zero in the foreseeable future. The plan includes: an indefinite suspension of token releases from the Team Reserve; Jupiter Treasury absorbing any sales of team-unlocked tokens; an indefinite delay of the "Jupuary" airdrop; and accelerated hedging of Mercurial-related unlocks. Whether it ultimately passes will be decided by a DAO vote.