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Jupiter DAO announced a two-year governance independence plan, which will receive 10 million USDC in operating funds.
According to the Gate.io News bot, the Jupiter community forum announced that the Jupiter DAO has released a proposal titled "Future Two Years: DAO Resolution." This proposal outlines specific steps for the independence of the DAO governance structure, including standardization of the DAO proposal process, transfer of treasury control to DAO members, establishment of a legal entity, funding independence, and governance transparency.
According to the proposal, the team will inject 10 million USDC into the DAO as operating funds. Additionally, after two years, the DAO will have the right to use 50% of the protocol's revenue, which is currently approximately 32 million JUP tokens.
Source: Wu Shuo