Hey Binance fam! 👋 Big news from the Solana ecosystem 👇
Jupiter, the largest DEX on Solana$SOL , just hit the brakes on all DAO votes until the end of 2025. Why? Because things just aren’t working.
🤯 What’s Going On?
Jupiter exec Kash Dhanda says the DAO structure is broken:
> “We see the breakdown in trust… the FUD cycle… it's dividing, not uniting.”
So, no more new DAO-funded Work Groups for now. They want to pause, rethink, and relaunch governance in 2026 with a cleaner, stronger approach.
💸 What About My jup?
Don’t worry—staking rewards continue at 50M JUP per quarter, but no new emissions or groups will be formed.
🔻 $JUP is down 21.8% in 30 days, but barely moved after this news. It’s holding around $0.405 today.
😬 Why This Matters
This move feels a lot like what Yuga Labs did with its ApeCoin DAO. Community DAOs are facing a harsh truth: without trust and cohesion, it’s chaos.
But Dhanda hints more is coming:
> “Stay tuned…”
👀 So if you’re holding $JUP, keep your eyes open. Something new might be cooking in 2026.
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👉 Drop your thoughts below — are DAOs broken, or just evolving? 💬