Solana (Dex) Decentralized Exchange (Dex) Jupiter has announced that it will pause DAO votes until the end of 2025, stating that the structure does not “work as intended.”
Jupiter Executive Kash Dana Explained In an X post that the protocol is in a “critical period” and that the “window to define Defi’s future is open.”
To capitalize on that window, Dhanda said that all DAO votes will be paused and in the 2026 management will return “with a fresh approach to be united, rather than dividing.”
“The current DAO structure does not work as intended,” he added. “We hear complaints. We see the destruction of trust. We feel the FUD’s eternal twist growing in every vote. Instead of the DAO, holder, and team working in unity to push the product, platform and community forward, we are stuck in a negative feedback loop.”
The decision Mirrors that are in yuga labsearlier this month scraped the structure of Apecoin Dao due to incompetence.
From a logistic stance, active staking rewards (ASR) will continue at the same rate as 50 million jups per quarter. However, there are no new DAO -funded work groups to be created, so no further releases will be created.
An investor expressed their concerns in the tweet, saying: “So $ Jup in 2025 is useless other than staked for ASR?” Where Dhanda replied “Stay focused on that.”
JUP has lost 21.8% of its value over the past 30 days as the broadly crypto market struggles to break a relatively tight range. The news had no significant impact on prices on Friday, with Jup trading at 40 cents.
Read more: Yuga Labs recommends APECOIN DAO scraping, APEC launch
