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Jupiter: JUP DAO will inject $10 million USDC and 100 million JUP next week to accelerate Jupiverse growth

2024.03.21 - 05:57
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TechFlow news: Jupiter has announced that JUP DAO will see a significant event next week:

  1. Launch the proposal to fund core working groups, confirming the operational framework for these groups.
  2. JUP DAO will officially allocate 10 million USDC (for operating expenses) and 100 million JUP. These funds will be transferred to a separate DAO wallet. The 10 million USDC comes from revenue, while the 100 million JUP comes from the community allocation, to support public goods funding and Jupiverse growth.
  3. Begin discussions on the funding program, enabling community members to request funds to promote Jupiverse growth and public goods funding.
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