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JupiterDAO Proposes Returning 4.5 Million Vested JUP Tokens from the First CWG Vote to the DAO Wallet

JupiterDAO Proposes Returning 4.5 Million Vested JUP Tokens from the First CWG Vote to the DAO Wallet

金色财经2025/07/03 08:04
JUP-2.93%

According to Jinse Finance, JupiterDAO announced on the X platform that with the arrival of the six-month voting suspension period and in line with the spirit of the DAO reset phase, JupiterDAO has decided to reassess the scope of the Core Working Group (CWG). While some maintenance tasks remain to be completed, the design of the Core Working Group has reached its final stage. However, the scope of the CWG differs from that of the DAO. Although the group is eager to continue contributing to ongoing discussions regarding the DAO 2.0 direction, this does not require the existence of a well-funded working group. Therefore, the CWG will return all 4.5 million vested JUP tokens previously allocated through the first vote back to the DAO wallet. Team member Morten will join Jupiter full-time as Operations Assistant and Quality Control Engineer. Previous contributors have already been notified in advance and have exited the organization. The remaining members will work with the team and other working groups over the next two weeks to ensure all outstanding issues are properly addressed, including communicating any guidelines or recommendations, such as quarterly reports and budget reviews.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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