Hello everyone, as you know, Jupiter is the number one DEX on the Solana network.
With the recently released ULTRA MODE, our swaps are now faster and more consistent.
However, manual mode is still active, and this is harming Jupiter.
Almost all aggregators today charge a 0.25% swap fee, whereas Jupiter only charges between 0.05% and 0.1%.
When it’s already this cheap, keeping manual mode active is incomprehensible.
As Meow and Siong mentioned, we have a highly paid team because they are the best.
We are entering a bear market—Jupiter’s revenue will decrease, and employee salaries will have to be paid in JUP.
This will negatively impact the token price and could cause the number one DAO and community to lose faith in the coin.
Unfortunately, as someone who has experienced a bear market before, I can tell you that prices you think are impossible can become reality.
For this reason, Jupiter should remove manual mode and increase swap revenue.
Think of it like the Ant and the Grasshopper fable—right now, it’s summer, maybe we’re just entering September,
but we won’t always have this much trading volume.
If there’s no volume, there’s no revenue.
If this suggestion’s is pro Jupiter …Meow can change it in the benefit’s of the ecosystem. Will see if the super team work in it.
thanks for this post! …helpful analyses. I understood more because your message. This new vote would show the Jupiverse feeling’s.
clear with it