Odaily Planet Daily reports that Jupiter DAO has launched a governance vote on the "zero net emission" proposal for the JUP token, with voting set to conclude on February 22. The proposal aims to prevent further token dilution by canceling the 2026 Jupuary airdrop, thereby improving JUP’s current price performance, which is at a historical low.
The vote offers two options: Option one is to proceed with the Jupuary airdrop as originally planned, with the airdrop tracker launching approximately one week after the vote concludes and distributing 200 million JUP tokens, while continuing the existing team allocation and Mercurial incentive programs; Option two is to indefinitely postpone the Jupuary airdrop, returning the 700 million prepped tokens to the community cold multisig wallet and pausing the release of the team’s reserved allocation. If Option two passes, Jupiter will use balance sheet funds to repurchase tokens released into the market, offsetting selling pressure from Mercurial holders.