PANews reported on June 16 that according to DL News, the DAO governance structure of Solana Eco Exchange Jupiter has caused controversy. Anonymous member Thisisfun pointed out that the team overly influenced the voting results and decentralized governance structure through the JUP governance tokens held (accounting for 20% of the total supply). Co-founder Ming Ng responded in the forum that the two founders will not participate in the vote, but the third anonymous founder will retain the right to vote. Previously in March, the team proposed to obtain 220 million JUP from the community reserve as a bonus. Although the tokens held by the Jupiter team are in a lock-up period, they can still be used for governance voting. In the most recent proposal, the votes of a single team wallet accounted for 4.5%.
Jupiter DAO members criticize the project team for having too much voting power, which affects decentralization
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Author: PA一线
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