Jupiter Releases Draft Proposal to Handle Over 215 Million Unallocated JUP Tokens

Decentralized exchange Jupiter Lianchuang Meow released a draft proposal to process 2 215 million 15,461,850.21 unallocated JUP tokens. The tokens are derived from the unclaimed or unreallocated portion of the Jupuary airdrop earlier this year, and the proposal proposes three options: 1) Use the tokens for the Active Staking Reward (ASR) program for the next year; 2) Destroy tokens; 3) Return the tokens to the community multi-signature wallet. According to the content of the draft, the Jupiter team "strongly" recommends the first option, believing that the ASR plan has been effective in promoting community participation and DAO voting. In the past two quarters, 361M JUP has been pledged, more than 585,000 addresses participated, and the average number of participants per vote reached 280M JUP. If option one is adopted, 50M JUP will be distributed to voters every quarter for four quarters.