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Jupiter announces the suspension of DAO voting until the end of 2025, and the governance structure will be re-planned.
[Golden Finance] According to reports, the Solana ecosystem DEX project Jupiter announced the suspension of DAO voting until the end of 2025, stating that the current governance structure has not met expectations and the trust mechanism has failed. Executive member Kash Dhanda stated that the team will return in 2026 with a “more unified” governance model. Currently, the staking incentive of 50 million JUP per quarter remains unchanged, but no new working groups funded by the DAO will be established. JUP has fallen by 21.8% in the last 30 days, and after the announcement, the coin price stabilized at $0.405.