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

JUP2.64%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)