PANews reported on February 22 that Jupiter's vote on "reducing the net release of future tokens to zero" officially ended today, with the community ultimately passing the proposal with a 75% approval rate.

As previously reported, the proposal aims to reduce the net release of JUP tokens to zero in the foreseeable future. Specific measures include: postponing the Jupuary airdrop plan and returning 700 million tokens to the community cold wallet multisignature address, while retaining the original airdrop snapshot; suspending the release of team tokens, which will be directly covered by Jupiter's balance sheet if there is a liquidity need; accelerating the unlocking of Mercurial tokens and hedging selling pressure by purchasing an equivalent amount of $JUP.