Jupiter Co-founder: The proposal to reduce JUP tokens will not be a short-term one-time event

ChainCatcher news, Jupiter co-founder meow stated that the proposal to reduce JUP tokens is not a one-time short-term event, but aims to address three issues that are crucial for the long-term health of the token:

1. Reduce emissions and provide certainty;

2. Clean up the inflated parts of FDV;

3. Enhance the cohesion of the JUP community.

To achieve this, the Jupiter team will also reduce the allocated tokens, but not by randomly burning money, rather through a community-wide protocol that strengthens the long-term prospects of the token more than ever before.