TechFlow reports that decentralized exchange Jupiter has released a draft proposal for handling 15,461,850.21 unallocated JUP tokens. These tokens stem from unclaimed or unredistributed portions of the Jupuary airdrop earlier this year. The proposal outlines three options: 1) allocate the tokens to fund the Active Staking Rewards (ASR) program for the next year; 2) burn the tokens; or 3) return the tokens to the community multisig wallet.
The Jupiter team recommends the first option, citing the ASR program's proven effectiveness in driving community engagement and DAO voting participation. Over the past two quarters, 361 million JUP have been staked by over 585,000 addresses, with average voting participation reaching 280 million JUP per vote. If the first option is adopted, 50 million JUP would be distributed to voters each quarter for four consecutive quarters.
