$JUP The Jupiter protocol team (DEX on Solana) announced that it will spend 50% of revenue from fees to buy back its #JUP

Just so you understand:

The average monthly trading volume on Jupiter DEX is $110 billion

With a fee of 0.1%, half ($55 million) will be used for the buyback $JUP monthly.

In a year - $660 million.

Which is already 9.4% of the total token supply being bought back annually. #solana