Jupiter DAO will pause all voting, closing the Treasury until 2027
The post Jupiter DAO will pause all voting, closing the Treasury until 2027 appeared on BitcoinEthereumNews.com.
The Jupiter DEX and aggregator, one of the most widely used routers on Solana, announced it would pause JUP voting until the end of 2025. The platform cited ‘community fatigue’ as the main reason to stop voting on issues. Jupiter will pause voting using JUP tokens, citing community fatigue. No new proposals will be opened until the end of 2025. For Jupiter, voting was one of the main community activities and use cases for the native JUP token. The community had both high-profile votes like the Jupuary airdrop, and regular small-scale issues. Jupiter team member @kashdhanda announced that the Jupiter DAO will pause voting to shift focus to development. Pausing DAO Voting to Focus on Jupiter & Jupiverse@JupiterExchange stands at the edge of an inflection point. The window to define the future of DeFi is open, but it won’t stay open for long. Right now, we have the best product suite (Jup dot ag), the best community… — Kash (🐱, 🐐) (@kashdhanda) June 19, 2025 Jupiter is one of the busiest community projects, while also carrying a wide array of Web3 and DeFi products. The team believes Jupiter can focus on building and generating revenues, for now, leaving the work of the DAO on pause. The Jupiter ecosystem contains multiple types of stakeholders, ranging from whales to retail users. Recently, the most significant growth came from the Jupiter DEX, which already holds over $2.27B in value locked. Jupiter DEX already produces $1.6M in daily fees, with over $17M for the past month. The market’s activity has slowed down since March, due to competition from Raydium, PumpSwap, and other Solana DEXs, but showed signs of recovery in June. Currently, Jupiter DEX brings in over 18K daily traders, performing up to 80K swaps. Most of the activity for the Jupiter aggregator…
Filed under: News - @ June 19, 2025 7:29 pm