ChainCatcher message, Jupiter founder meow tweeted, "I have never sold any JUP tokens (we could have quietly sold a large amount, but instead we went the opposite way and conducted a completely transparent audit). I am committed to JUP for the long term and I deliver on my promises. I will be releasing major news here soon."

ChainCatcher news, decentralized exchange Jupiter co-founder Meow has released a proposal draft to handle 215 million 15,461,850.21 unallocated JUP tokens. These tokens originate from the unclaimed or unreallocated portion of the Jupuary airdrop earlier this year. The proposal presents three options:Use the tokens for the active staking rewards (ASR) program for the next year;Burn the tokens;Return the tokens to the community multi-signature wallet.According to the draft, the Jupiter team "strongly" recommends the first option, believing that the ASR program has been effective in promoting community participation and DAO voting. In the past two quarters, 361M JUP has been staked, with over 585,000 addresses participating, and an average voting participation of 280M JUP per vote. If option one is adopted, 50M JUP will be distributed to voters each quarter for four consecutive quarters.

ChainCatcher news, according to the governance page, the JupiterDAO voted to pass the proposal to "burn 30% of the JUP token supply," reducing the JUP token supply from 10 billion to 7 billion.

ChainCatcher message, Jupiter announced on social media that the proposal to reduce the supply of JUP tokens has now started voting, with the main goal of providing more certainty, consistency, and transparency for all JUP holders and the community. For this proposal, Meow and the core team proposed to reduce the total supply by 30%, from 10 billion to 7 billion.It is reported that the Jupiter team voluntarily cut their designated allocation by 30%.

ChainCatcher message, JupiterDAO posted on X reminding users to claim JUP tokens through the official website before July 31 at 23:00.

ChainCatcher news, Jupiter co-founder meow stated that the proposal to reduce JUP tokens is not a one-time short-term event, but aims to address three issues that are crucial for the long-term health of the token:Reduce emissions and provide certainty;Clean up the inflated parts of FDV;Enhance the cohesion of the JUP community.To achieve this, the Jupiter team will also reduce the allocated tokens, but not by randomly burning money, rather through a community-wide protocol that strengthens the long-term prospects of the token more than ever before.

ChainCatcher news, Solana ecosystem DEX Jupiter announced on social media that, prior to the vote on May 22, product updates were made based on user feedback. Users can now partially un-stake JUP tokens and vote while keeping a portion of their staked tokens.Additionally, to give users more time to understand the proposal content, a timer has been added to the voting page, requiring a few minutes of waiting after opening the proposal before voting can take place. These changes aim to enhance community voting participation and user experience.

ChainCatcher news, according to Dune data, currently 71.6% of the JUP airdrop tokens have been claimed, totaling 715,865,750 JUP distributed to 567,979 addresses, with the claiming addresses accounting for approximately 59.5%.

ChainCatcher news, Solana ecosystem trading aggregator Jupiter announced that it will launch the JUP token airdrop through its Launchpad at 23:00 Beijing time on January 31. Approximately 955,000 wallets are eligible to receive the JUP airdrop, including early users who interacted with the protocol before the snapshot on November 2, 2023.According to Jupiter co-founder Meow, the JUP claiming website is now live, and users can check the airdrop amount on the site. JUP claiming will be open for 6 months.In addition, according to data previously released by Jupiter, 20% of the initial airdrop tokens will be evenly distributed to all wallets, while another 70% will be allocated among users based on protocol usage through a "score-based distribution." The final 10% will be allocated to community members and developers.

ChainCatcher news, Meow, co-founder of the Solana ecosystem trading aggregator Jupiter, posted on the X platform: "JUP is an extremely valuable resource, and we will strategically use it to advance the development of Jupiter and metadata. We will consult with the community to decide how to use JUP in the most effective way, but we will not distribute it randomly."

ChainCatcher news, according to CoinDesk, Solana DEX aggregator Jupiter co-founder Meow stated that they plan to conduct a JUP token airdrop on January 31 at 10:00 AM EST.

ChainCatcher news, according to CoinDesk, Solana DEX aggregator Jupiter co-founder Meow stated that they plan to conduct a JUP token airdrop at the end of January. Nearly 1 million Solana wallets are eligible for the airdrop, accounting for 40% of the total JUP supply.Previous news, Jupiter co-founder Meow released a tentative plan regarding JUP, proposing to initially mint 10 billion JUP, with an expected 15% to 17.5% of the tokens entering market circulation on the first day of JUP's launch.

ChainCatcher news, according to a Jupiter intern's post on social media, the official airdrop allocation indexing feature will go live on Friday, allowing users to connect their wallets and view the allocated token amounts. The JUP token will be launched later.In addition, the intern disclosed that their primary task is to ensure the accurate accounting of all Jupiter transactions and to treat all Jupiter users fairly. They also pointed out that as of November 2, 2023, Jupiter has recorded over 100 million transactions across 8 historical and current contracts. Furthermore, it was mentioned that wallet entities will be differentiated, and rewards will be provided to users operating bots.