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Jupiter United Creation: The team adheres to two principles in daily operations - 50/50 token economics and prioritizing community interests

Jupiter United Creation: The team adheres to two principles in daily operations - 50/50 token economics and prioritizing community interests

Bitget2024/08/01 06:38

News on August 1st, Jupiter co-founder Meow stated that in order to continuously bring certainty, consistency and transparency to the community, the team has followed two important principles in daily operations: 

1. 50/50 Token Economics - The community needs to trust that the team will use components managed by them wisely for the full benefit of Jupiter's ecosystem; at the same time, the team needs to believe that the community will independently develop its own leadership and have good judgment to make key decisions that will greatly impact protocol's future. After many tests, Jupiter now has a large and active DAO where every vote triggers extremely lively debates which help us solve some key issues.

2. Community Eats First (CEF) - CEF is our important work aimed at providing high levels of certainty to communities and holders ensuring that team allocations do not cause shocks or ongoing damage to supply. Furthermore, it ensures that over a long period of time, teams are fully committed towards executing all proposed plans with their interests being 100% aligned with those of both communities as well as any proposed plan.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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