“Jup Prices Remoned Stable After The Announcement, Up Marginally Over the Past 24 Hours.”, – WRITE: www.coindesk.com
Jupiter Executive Kash Dhanda Explained in An X Post that Protocol is in a “Critical Period” and that “Window to define the Future of Defi Is Open.”
In Order to Capitalize on That Window, Dhanda Said that All Dao Votes Will Be Powed and In 2026 Governance Will Return “with a Fresh Approach that unifies, Rather than Divides.”
“The Current Dao Structure Isn’s Working as Intended,” He Added. “We Hear The Complaints. We Seie The Breakdown in Trust. We Feel The Perpetual Fud Cycle that Grows with every voty FORWARD, WE ARE STUCK IN A NEGATIVE FEEDBACK LOOP. ”
The Decision Mirrors of Yuga Labs, WHICH EARLIER THIS MONTH SCRAPPED ITS APEIN DAO STRUCTURE DUE to INEONFICIENCY.
From A Logistic StandPoint, Active Staking Rewards (ASR) Will Continue at the Same Rate of 50 Million Jup per Quarter. However No New Dao-Funded Work Groups Will Be Created, Thus No Additional EMISSIONS WILL BE CREATED EITHER.
One Investor Voiced Their Concerns to the Tweet, Saying: “SO $ Jup in 2025 is USless Except Staged For Asr?” To whose dhanda replied “Stay Tuned On that.”
Jup Has Lost 21.8% of Its Value Over The Past 30 Days As the Wider Crypto Market Struggles to Break Out of A Fairly Tight Range. The News Didn’t have a major Impact on Prices on Friday, with Jup Trading At 40 Cents.
Read More: Yuga Labs Proposes Scrapping Apecoin Dao, Launcing Apec
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