RootData 2025 Top 50 VCs & Top 100 Projects Unveiled! [View Details]
API Download the RootData App

Jupiter announced the suspension of DAO voting until the end of 2025, as the current governance structure has not met expectations

Jun 20, 2025 20:08:56

Share to

ChainCatcher news, according to CoinDesk, the Solana ecosystem DEX project Jupiter announced the suspension of DAO voting until the end of 2025, stating that the current governance structure has not met expectations and the trust mechanism has failed. Executive member Kash Dhanda stated that the team will return in 2026 with a "more unified" governance model.

Currently, the quarterly staking incentive of 50 million JUP remains unchanged, but no new working groups funded by the DAO will be established. JUP has fallen by 21.8% in the past 30 days, and after the announcement, the coin price stabilized at $0.405.

Previous report, the Jupiter DAO officially announced the suspension of all DAO voting activities effective immediately until the end of 2025, allowing the team to focus on developing Jupiter products and community building. Active Staking Rewards (ASR) will be extended until the end of 2025 and will be open to all stakers.

Recent Fundraising

More
$10M Oct 25
-- Oct 24
$3M Oct 24

New Tokens

More
Loyal LOYAL
Oct 23
Oct 20
Oct 20

Latest Updates on 𝕏

More