PANews reported on February 26 that Meow, the founder of Jupiter, revealed in a post today that Jupiter has made multiple hires and acquisitions over the past year, including two undisclosed acquisitions, to enhance the capabilities of its three core platforms Jup.ag, Jupiverse, and Jupnet. Meow emphasized that the acquisition funds will be paid from the treasury and will not affect the JUP token economy. Additionally, Jupiter announced the establishment of the Litterbox Trust, managed by an independent third party, which has already begun operations and plans to receive 50% of the agreement's revenue over the next two years to strategically accumulate JUP, in order to enhance the long-term stability of the token. Meow also proposed the "2030 Proposal," which plans to use his 28 million personal JUP tokens for team incentives and to receive 50 million JUP as compensation by 2030, a proposal that still requires community voting.
Jupiter launches Litterbox Trust and announces 2030 proposal to strengthen JUP's long-term stability
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