TechFlow news — Jupiter (JUP) has recently proposed a "Supply Reduction Proposal" to cut 30% of its token supply. The main points include:
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Voluntary 30% reduction in the team's allocated share;
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30% reduction in Jupuary airdrop distribution;
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The remaining reductions will come from LP and strategic reserves;
Co-founder Meow stated that if approved, the token burn process would take some time to complete—possibly up to six months.
Earlier report, Jupiter’s proposal to reduce 30% of token supply from the team allocation while keeping community allocations unchanged—reducing the total JUP supply from 10 billion to 7 billion—has already opened for voting.
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