According to a report by Golden Finance, Jupiter co-founder meow posted on platform X stating: "99.99% of my personal net worth, lifetime work, and inheritance are on JUP, and my personal funds are locked just like the other founders, with no Liquidity available until 2030. However, the past year saw a very serious mistake: trying to reassure the community and make everyone happy. Although various locking and burning operations were conducted to demonstrate responsibility, the brutal reality is that no one cares about what Jupiter is doing; instead, the focus has doubled on the 200,000 JUP budget that has not yet been distributed. Nonetheless, the work focus for the next few months will still be on solidifying the product, and then discussions will be held with the DAO and the community; no commitments can be made at this time."
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Kolasheun60
· 08-09 07:39
Bull Run 🐂
Reply0
GateUser-6318ca31
· 08-09 06:31
Hold on tight, we are taking off soon To da moon 🛫
Jupiter co-founder meow responds to community concerns about "200,000 unissued JUP tokens": personal and other co-founder funds are locked until 2030.
According to a report by Golden Finance, Jupiter co-founder meow posted on platform X stating: "99.99% of my personal net worth, lifetime work, and inheritance are on JUP, and my personal funds are locked just like the other founders, with no Liquidity available until 2030. However, the past year saw a very serious mistake: trying to reassure the community and make everyone happy. Although various locking and burning operations were conducted to demonstrate responsibility, the brutal reality is that no one cares about what Jupiter is doing; instead, the focus has doubled on the 200,000 JUP budget that has not yet been distributed. Nonetheless, the work focus for the next few months will still be on solidifying the product, and then discussions will be held with the DAO and the community; no commitments can be made at this time."