Vote for last Jupuary to be used for ASR funding.

Jupiter DAO
1

We have cut the supply of Jupuaries from 3B to 2.1B
We are also moving away from doing 3 Jupuaries (excluding the first) to voting for 2.

Put up one of the next votes to be about funding the ASR at 2x rate for the next year. Distributing 100M JUP per quarter to incentivise stacking.

Also, any tokens from this Jupuaries penalties should go to ASR to extend the period after the next and final Jupuary. This will align the community long-term wise and finish the argument of stakers that they want direct % of Jupuary.

Also it will dillute the supply on a quarterly basis which is healthy. Finally next year the dillution will be minimum as already over 2.5B of JUP supply will be out. Dilluting it with another 700M won’t be of importance.

3 Likes
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Nice proposal but why should everything goes to ASR event :person_shrugging:.

2 Likes
3

why should we do Jupuaries?

This question has no substance my friend.

You do Jupuary to reward active users.
You do ASR rewards to keep active and old users/voters.

1 Like