The DAO governance structure of the Solana ecosystem exchange Jupiter has sparked controversy. An anonymous member, Thisisfun, pointed out that the team excessively influences voting results and the decentralized governance structure through their holdings of JUP governance tokens (which account for 20% of the total supply).

Ming Ng, co-founder of Jupiter, responded in the forum stating that the two founders would not participate in voting, but a third anonymous founder still retains voting rights. It is reported that in the recent Jupiter proposal, the voting power of a single team wallet reached 4.5%. (DL News)