Jupiter: The first core working group budget proposal vote has been approved

ChainCatcher news, Jupiter announced on social media that after three days of voting, the first core working group budget proposal has been approved (75% in favor, 19% against, and 6% abstained). This means that the Core Working Group is about to become the first working group of Jupiter, with a meeting scheduled for tomorrow evening to review improvements in the voting process.

ChainCatcher previously reported that Jupiter has initiated the voting for the first core working group (Core Working Group) budget proposal. This vote is crucial for setting a precedent for funding working groups to promote DAO initiatives. The core working group spent a week discussing within the community and submitted the 2024 budget proposal to the DAO. JUP stakers can now vote to decide on funding for the core working group, with an expected 12-month budget of $450,000 and a token allocation of 4.5 million JUP.