Jupiter Ready to Offer Security Options Without Using Mnemonics for ASR Claims

BlockchainFries · 2026-02-09T08:03:27+00:00

Leading DEX aggregator on Solana addresses community security concerns regarding the requirement for users to input mnemonic phrases for claiming Active Stake Rewards. This has sparked criticism about security risks and accessibility. In response, the platform plans to introduce safer alternatives within one to two weeks, aiming to restore user trust and enhance security while broadening access to rewards.

BlockchainFries

2026-02-09 08:03:27

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Leading DEX aggregator platform on Solana has announced their commitment to address the growing security concerns within the community. According to reports from BlockBeats, the main issue involves user requirements to input their mnemonic phrases to access and claim Active Stake Rewards (ASR) for the fourth quarter. This decision has sparked a wave of criticism from community members raising various fundamental objections.

Security Challenges in the Current Mnemonic Approach

The existing ASR claiming mechanism requires users to import their private mnemonics into the Jupiter wallet, a procedure that poses significant security risks. Users argue that exposing their mnemonic phrases— the most sensitive access keys to digital assets— on additional platforms creates an unnecessary attack surface. Further criticism points to the exclusive nature of this system, which effectively sidelines users relying on wallets without private key storage or custodial solutions, thereby limiting reward access to certain segments of users.

Improvement Plans and Alternative Methods

In response to widespread community feedback, Jupiter has committed to developing alternative methods that do not require users to reveal their mnemonics. The platform aims to launch new solution options within the next one to two weeks. This move reflects a shift toward a safer and more inclusive approach, allowing users with various types of wallets to claim their rewards without compromising their digital asset security.

These planned changes are expected to restore user trust and strengthen Jupiter’s position as a platform that prioritizes security and accessibility within the Solana ecosystem.

JUP2,93%

ASR-1,14%

SOL2,5%

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