I never said that it was either a good or bad idea. I truly don’t know.
All I am asking is for all the people saying it’s a good reason to provide one that does not relate to price/value. So far, I haven’t heard one.
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I am mainly voting for it cos for price/value reasons. That I am clear. My research brought me to that decision.
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Exactly right BLUE! Nothing wrong with wanting a higher price but 1 JUP = 1 JUP at the end of the day.
1 JUP = 1 Vote.
Maybe those who want the reduction are seeking an exit?
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Price is important for the sustainablity of a token. If we have a roadmap to release too many tokens that release faster than the market cap can grow. It can result in a negative social view. That may turn away new investors. That affects the DAO as it may affect people who want to hold that asset long term. I believe people in the DAO want to see the value of staked JUP for our ASR continue to grow in value. If there is a lot of selling off in Jupuary, I think everyone will benefit from less new JUP in circulation.
I do like the idea of receiving more JUP. But I would rather have a sustainable value over time. I respect everyone’s opinions otherwise. But I feel like price is extremely important for social settlement and growth.
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A great read. Thanks for a thorough analysis.
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I voted yes for the 30% token reduction mechanism due to its numerous advantages, as outlined below:
Increased Scarcity: Burning tokens reduces the total supply, creating scarcity and potentially increasing the $JUP tokens value as demand remains steady or grows.
Price Support: By decreasing the supply, token reduction can help stabilize and support the $JUP tokens price, especially during periods of high market volatility.
Inflation Control: 30% reduction can help manage and control inflation within the cryptocurrency ecosystem, ensuring the $JUP tokens retain its value.
Rewarding Stakeholders: By increasing the value of the remaining $JUP tokens, reduction effectively rewards existing stakeholders, including investors and users.
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Regarding point 4, with a reduction in supply and less on the open market to accumulate there on after surely current JUP holders have and will continue to have stronger voting power?
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CoinGecko article has concluded that “The effect of the Jupiter token burn is surely bullish for the entire Solana ecosystem and should see its price continue to explode in 2024” 
Link is mentioned below: Jupiter (JUP) Trending As Exchange Burns 30% Of Tokens, Crypto Casino Presale Latest Cash Cow With 100% Gains, NEIRO Rockets
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Brilliant! Great analysis mate
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Meow stated that the 30% reduction burn is not for price bullish it’s for CAT, certainty Alignment and transparency. In other to have healthy supply we need that 30percent burn. 
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