Jupiter: The proposal to reduce the supply of JUP tokens has initiated voting

ChainCatcher message, Jupiter announced on social media that the proposal to reduce the supply of JUP tokens has now started voting, with the main goal of providing more certainty, consistency, and transparency for all JUP holders and the community. For this proposal, Meow and the core team proposed to reduce the total supply by 30%, from 10 billion to 7 billion.

It is reported that the Jupiter team voluntarily cut their designated allocation by 30%.