I noticed an interesting development with Jupiter. The team has proposed a DAO proposal that sounds quite ambitious — essentially, they want to almost completely eliminate the issuance of JUP tokens. It involves stopping the release of new tokens from the team reserve and forcing the treasury to absorb any unlocks of team tokens that enter the market. This is a serious move toward deflation.

The plan also includes delaying the scheduled airdrop of Jupuary and accelerating unlocks for Mercurial with appropriate hedging. It sounds like a comprehensive approach to supply management. The current issuance is usually one of the main concerns for token holders, so this focus on reduction seems logical.

Interestingly, all of this will be decided by DAO voting. The community will have a real say in this matter, which aligns with the spirit of decentralization. If the proposal passes, it could significantly change the supply dynamics of JUP on the market. Currently, about 3.5 billion tokens are in circulation out of a maximum of 10 billion, so there is still considerable unlocking potential ahead.

Such initiatives to control issuance are usually viewed positively by the market. It’s worth watching the voting results — this could be a key moment for the project.