$SOL

Jupiter announces JUP buyback policy starting Monday (17-Feb).

Jupiter Exchange will allocate 50% of its protocol fees to buy back and lock JUP tokens for three years, starting Monday. The exchange plans to launch a dashboard next week to provide transparency into the buyback activities.

The exchange aims to reduce the JUP token supply through this mechanism, which will lock purchased tokens for a three-year period.

News Source:

https://cryptobriefing.com/jupiter-jup-buyback-policy/