🔥New vote in Jupiter regarding the DAO 👀
We have a new active vote of @Jupiter 🪐 and this time it is regarding the separation of #DAO and the work team of #jupiter , as well as establishing what the role of each is in the Jupiter ecosystem.
This proposal is called "DAO Resolution," in which we seek to establish what the mission of the DAO is, the level of reach in the votes, the vision that we want to achieve in a few years, and the resources necessary to grow alongside the community.
Moreover, the main role of the Jupiter team regarding its functions and its support to the DAO is established, taking into account growth and benefit for Jupiter.
As I mentioned, this proposal gives a long-term focus on the functions of the DAO within the Jupiter ecosystem. That said, to achieve the necessary tasks and sustainability over time, the Jupiter team will allocate $10 million to the DAO in the next 2 years.
Once these funds are depleted, the DAO will have access to the litterbox Trust (the wallet that stores the repurchase of #JUP ), and the DAO itself will decide what to do with those funds to create value within Jupiter.
Under this scheme, the DAO will be more independent and will be able to develop its functions better and with greater clarity, as well as attract greater talent to help expand Jupiter's products.
This is the first vote of the second quarter; if you want to continue receiving rewards or if you are someone new, don't forget to have in #staking your #tokens JUP and vote on this proposal. You have time until April 27.
I personally voted in favor (for) in this vote.
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