Jupiter community vote passes to burn 130 million JUP from the "Litterbox," accounting for about 4% of the circulating supply.
Jinse Finance reported that the Jupiter community has passed the "Burning the Litterbox" governance proposal with an 86% approval rate, authorizing the destruction of approximately 130 million JUP tokens (about 4% of the circulating supply) currently held in the "Litterbox Trust."
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.
You may also like
Aethir announces completion of $344 million Digital Asset Treasury (DAT) program
Vaneck submits S-1 amendment for its BNB spot ETF, ticker set as VBNB
Matrixport: Bitcoin experiences a corrective rebound, but this does not indicate the start of a bull market
Michael Saylor: Will Destroy Private Keys Worth Over 17,000 BTC
Trending news
MoreCrypto prices
More
