Based on AiCoin, Jupiter has completed the second phase of its 'Fresh Start' initiative, burning approximately 130 million JUP tokens and reducing the unstaking window to seven days. The move aims to align JUP with DeFi development goals. The first phase focused on minimizing the DAO, resetting the community, and simplifying the narrative, while the second phase involved a vote to determine token burns. Jupiter stated it will strategically reduce initial emissions, enhance airdrop holder coordination, and focus on decentralized platform needs. JUP has been integrated into the validation system and Metis Binary, with more integrations planned.
Jupiter Completes Second Phase of 'Fresh Start' Plan, Burns 130M JUP Tokens
AiCoinShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.