Jupiter DAO Releases “The Next Two Years: DAO Resolutions” Proposal

This article is machine translated
Show original

According to Foresight News, Jupiter DAO has released a proposal titled "Next Two Years: DAO Resolution". The proposal includes the Jupiter team's support for the DAO's gradual independence over the next two years, which encompasses clarifying proposal generation processes, DAO treasury operational control (shifting from team 3/5 signature to DAO member 3/5 control), legal registration, independent funding mechanisms, and transparent reporting. The DAO will focus on accelerating the Jupiter community, products, and concepts through proposals and treasury, while the team will be responsible for product development and business management.

In terms of funding, the Jupiter team will supplement the DAO treasury with an additional 10 million USDC and explore sustainable funding mechanisms over the next two years. After two years, the DAO will receive support from the Litterbox Trust (holding 50% of protocol fees, approximately 32 million JUP). Additionally, Jupiter DAO will activate talent through grants and working groups, emphasizing transparency and results-oriented approaches.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments