ChainCatcher news, Jupiter co-founder Meow posted on X that to become (and remain) a leading crypto project, one must evolve, adopt, and learn faster than anything seen in the history of technology.Over the past two years, Jupiter has transformed from an aggregator into a multifaceted driver, rethinking three key areas of crypto—platform, community, and token, which is Jupiverse.While Jupiter has done well in all three areas so far (gaining various lessons), there are more experiments to be done together next. In the coming months and years, Jupiter intends to explore the possibilities in these three areas with the community.

ChainCatcher news, at the Solana Breakpoint conference, Jupiter co-founder Siong Ong stated that the upcoming upgrades for Perps include market orders, the Dove oracle standard, and gas-free transactions. Their Perps trading volume has exceeded $10 billion this year, while spot trading volume has surpassed $30 billion.

ChainCatcher message, Jupiter co-founder Meow stated on social media that voting will be restarted this week. Jupiter Work Groups (JWGs) play an extremely important role in the Jupiverse, and several votes will take place this week to further advance the JWGs.Draft proposals from various parties will be submitted soon and will be discussed in tomorrow's meeting. Voting may take place on Friday, and debates around these proposals will continue throughout the week.

ChainCatcher news, Jupiter co-founder Meow posted on social media that next week is very important for JUP, with the following schedule:Monday: JUP Essay;Tuesday: Community audit of JUP distributed so far;Wednesday: Proposal for token supply reduction;Thursday: Voting;Friday-Saturday: Discussion;Sunday: Conclusion.By the end of next week, the community will achieve a high level of understanding and consensus.

ChainCatcher message, Jupiter co-founder meow posted on the X platform stating that operating a sustainable perpetual securities market requires continuous attention from both traders and liquidity providers. Jupiter's mission is to ensure that this is not a zero-sum game, but rather a platform where both parties can collaboratively meet their risk/reward needs. Therefore, Jupiter will not hastily adopt temporary solutions, but will instead pursue comprehensive improvements. Jupiter will collaborate with Chaos Labs, Gauntlet, and Offside Labs to analyze user data to update parameters and address some very tricky technical issues, such as oracles and data latency, and will attempt to solve these comprehensively. Significant improvements will also be introduced in terms of residuals and data enhancements.

ChainCatcher news, Jupiter co-founder Meow posted on social media that the J4J plan is a large-scale experiment in community consistency.Previous report, Meow published the draft of the J4J plan, with the main proposals including:· Proposing to reduce the total supply of JUP by 30%· The team will voluntarily cut 30% from their allocation· Correspondingly reduce Jupuary emissions by 30%

ChainCatcher message, Jupiter co-founder meow responded to the community's question about "when Jupuary will be launched again" by saying: "I would love to, but ultimately Jupuary needs to be a community-driven initiative, not just based on my personal desire. Voting will take place in the coming weeks."He also added that if Jupuary is launched again, its design will be significantly different from the first time, which is necessary.

ChainCatcher news, Jupiter co-founder Meow posted on social media that despite market fluctuations in June, Jupiter as a community and product made significant progress this month, revealing key plans and launching major (and innovative) products. July will be an important month for Jupiter DAO, including the first batch of ASR, which is a key supply reduction vote, followed by Jupuary and ASR extension votes, and there may also be the launch of the LFG Launchpad, along with some experiments.

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, 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."