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🚀 Jupiter Founder Proposes Using Unclaimed JUP for ASR Funding

According to Odaily, Jupiter founder Meow announced on platform X a proposal to use 230 million unclaimed JUP from the first Jupuary to extend and fund subsequent ASR phases. If there are no significant objections, a formal proposal will be submitted, and voting will take place next week.

#Jupiter #JUP #ASR #funding #proposal #voting
🚀 Jupiter Co-Founder Announces J.U.P Timeline and Upcoming Events

According to Odaily, Jupiter co-founder Meow has released a tentative schedule for J.U.P activities on X. The announcement outlines several key events and discussions aimed at advancing the Jupiter and meta communities.

Firstly, a J.U.P gathering is scheduled for tomorrow to discuss strategies for community development. This meeting is deemed crucial due to the rapid increase in the number of talented individuals participating in J.U.P.

Additionally, a speech by @sssionggg and the JuperPark event are set for Friday. There is a possibility of a special episode to provide detailed information on all announcements made during these events.

Next week, discussions and voting on the extension of unclaimed JUP and ASR will commence before the end of the quarter. Although the timeline is tight, Meow emphasized the importance of addressing this matter separately from other ongoing activities.

Finally, the goal is to conduct a critical Jupuary extension vote at the beginning of the next quarter, alongside a significant WG vote.


#Jupiter #JUP #communitydevelopment #JuperPark #eventannouncement #unclaimedJUP #ASR #voting #Jupuary #WGvote
🚀 Jupiter Opens Voting On Unclaimed JUP Tokens Disposal

According to Foresight News, Jupiter has initiated a proposal vote on how to handle 215 million unclaimed JUP tokens. The voting process will conclude on October 1. Participants in the vote have three options to choose from: providing additional funding for ASR for one year, burning the tokens, or returning them to the community's multi-signature wallet.

#Jupiter #Voting #JUPtokens #TokenDisposal #Crypto #Blockchain #Community #ASR
🚀 Jupiter to Address Concerns Over ASR Reward Claim Process

Jupiter has announced plans to address community concerns regarding its Active Stake Reward (ASR) claim process. According to BlockBeats, Solana Floor revealed that users were required to import their mnemonic phrases into the Jupiter wallet to claim ASR rewards for the fourth quarter. Community members criticized this requirement, arguing that it was both unsafe and unnecessary, and excluded users of keyless or custodial wallets.

In response to the feedback, Jupiter stated that it intends to introduce alternative methods for claiming rewards within one to two weeks.


#Jupiter #ASR #ActiveStakeReward #mnemonic #wallet #SolanaFloor #communityconcerns #feedback #keylesswallet #custodialwallet #rewards #JUP #SOL