The Jupiter community just did something big - their DAO proposal voting ended on November 4th, and the results are quite interesting.



Ultimately, 86% of the people voted in favor, deciding to burn all the JUP in the Litterbox address, which amounts to approximately 130 million coins. This is not a small number, accounting for about 4% of the currently circulating JUP in the market.

This operation of directly burning tokens through voting is considered a relatively aggressive deflationary measure in DeFi projects. Judging from the voting ratio, the community's acceptance of this proposal is quite high, and it passed with basically no controversy.
JUP0.87%
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Anon32942vip
· 15h ago
Crazy destruction, waiting to da moon
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nft_widowvip
· 15h ago
This deflation play is really hardcore.
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metaverse_hermitvip
· 15h ago
Just destroy it.
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gm_or_ngmivip
· 15h ago
The community understands it well, not bad.
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consensus_failurevip
· 16h ago
Deflation hard say jup fierce
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