Jupiter co-founder Meow addresses community concerns over "200,000 unissued JUP tokens": Personal and other co-founders' funds are locked until 2030
According to Jinse Finance, Jupiter co-founder meow posted on X, stating: "99.99% of my personal net worth, my life's work, and inheritance are all in JUP. My personal funds, like those of the other founders, are locked and will not be liquid until 2030. However, over the past year, I made a very, very serious mistake—trying to reassure the community and make everyone happy. Despite implementing various lockups and burn operations to demonstrate responsibility, the harsh reality is that no one cares about everything Jupiter has done. Instead, attention has multiplied on the 200,000 JUP budget that has yet to be distributed. Even so, the focus of the coming months will still be on strengthening the product, and only after that will discussions be held with the DAO and the community. At this point, no promises can be made."
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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