On February 14th, the important Solana ecosystem project Jupiter submitted a key proposal to its DAO, planning to reduce the net token issuance of JUP to “near zero” to alleviate market concerns over inflation and selling pressure, and to strengthen the long-term value support of the token. The proposal has entered the community voting stage, and the final result will be decided by token holders.
According to the proposal, the team will begin to cut new supply from three main sources. First, all token releases from the team reserve will be indefinitely suspended; unvested tokens will be directly absorbed by the treasury and will no longer flow into the secondary market. Second, the originally planned “Jupuary” airdrop will be postponed; approximately 700 million tokens from this round will be temporarily returned to a multi-signature community wallet, with snapshots of eligible users still retained for future distribution. Third, tokens related to Mercurial unlocks will be accelerated for release but will be repurchased by the treasury to offset potential sell pressure.
Jupiter stated that community anxiety over continuous issuance has become evident. Although the project previously burned 3 billion tokens, extended the team’s lock-up period, and allocated half of on-chain revenue for buybacks, the market still seeks stronger supply control. The team believes that reducing inflation expectations can help boost confidence during market volatility.
The vote offers two options: maintain the original airdrop and issuance schedule, or delay the airdrop and implement a “near zero issuance” strategy. If the latter passes, most new tokens in 2026 will be canceled, reducing sell pressure in the short term, but also delaying rewards for active users.
Regardless of the outcome, this DAO vote will mark an important turning point in Jupiter’s tokenomics and set an example for governance approaches in DeFi projects within the Solana ecosystem.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gate contract stock section will launch on April 13 with the first 5 Hong Kong stock perpetual contracts, including Tencent, Xiaomi, Meituan, and others, supporting 1x–20x leveraged trading
Gate News message. According to Gate’s official announcement, Gate contract stock section will be launched on April 13, 2026 at 14:00 (UTC+8) with live trading of TENCENT (Tencent Holdings 00700.HK), XIAOMI (Xiaomi Group 01810.HK), MEITUAN (Meituan 03690.HK), KUAISHOU (Kuaishou 01024.HK), and HKEX (Hong Kong Exchanges and Clearing 00388.HK) perpetual contracts. The trading will use USDT settlement and support 1–20x long and short operations.
Among them, the TENCENT contract is based on Tencent Holdings, the XIAOMI contract is based on Xiaomi Group, the MEITUAN contract is based on Meituan, the KUAISHOU contract is based on Kuaishou, and the HKEX contract is based on Hong Kong Exchanges and Clearing; the price of each contract is denominated in USDT.
GateAnnouncement1h ago
Gate Daily Report (April 13): The CFTC seeks “exclusive regulatory authority” for prediction markets; the FBI report says crypto fraud losses totaled 113.6 billion.
Bitcoin has pulled back from its peak to $71,110. The chair of the U.S. CFTC said it will defend its regulatory authority over prediction markets. An FBI report shows that in 2025, losses from cryptocurrency fraud reached $11.36 billion, with seniors hit the hardest. The market is optimistic in the short term, but you should be mindful of the impact of oil prices and monetary policy.
MarketWhisper4h ago
Today’s Crypto Fear and Greed Index has fallen to 15, and the market is in extreme fear.
Gate News message, April 11, Alternative.me data shows that today’s Crypto Fear and Greed Index dropped to 15; yesterday, the index was 16, and the market is in a “Extreme Fear” state.
GateNews04-11 00:42
Crypto Sector Wavers As Geopolitical Tensions Influence Market Performance
The crypto market has seen a 1.14% decline, with Bitcoin and Ethereum experiencing slight gains. Top gainers include PEPE and IRISnet. DeFi TVL increased, while NFT sales dropped. Notable events include xAI suing Colorado and South Korea tightening crypto regulations.
BlockChainReporter04-10 12:45
Gate Daily Report (April 10): U.S. Treasury Secretary supports sending the “CLARITY Act” to President Trump; WLFI’s $75 million stablecoin-backed loan sparks panic
Bitcoin surged in the short term to $71,830 before pulling back. U.S. Treasury Secretary Bessent advancing the “CLARITY Act” faces challenges that could affect stablecoin legislation. WLFI borrowed $75 million in stablecoins, raising liquidation risk. U.S. stocks rose on expectations of peace talks, and market sentiment is optimistic, but liquidity in capital flows still needs improvement.
MarketWhisper04-10 01:37
XRP Today’s News: Institutional funds return, circulating inflow of 120 million exceeds Bitcoin
This week, XRP recorded a $119.6 million capital inflow, setting the highest mark since 2025 and becoming a major beneficiary in the crypto market. This round of funds returning was mainly driven by greater clarity in regulatory policy and XRP’s real-world use in cross-border payment infrastructure. Technically, it shows an initial recovery, but overall it is still in a downward channel. The support and resistance levels are $1.31 and $1.40, respectively; if it breaks through, it is expected to reach $1.50.
MarketWhisper04-09 06:03
