PANews reported on February 5 that Jupiter founder meow announced the initial repurchase plan on the X platform at the end of last month, which is to transfer JUP to the repurchase wallet every week, make fixed investments in JUP, and lock it in the litterbox for at least 3 years. More details will be shared when the repurchase plan starts in the week starting February 3 (this week).

Previously, the network stated that half (or 50%) of the protocol fees will be used for long-term holding buybacks, and the remaining 50% will be invested in the project's growth, future strategy, and overall operational stability.