Solana-based Jupiter to Halt Governance Voting Until 2026 Amid DAO Internal Conflict, Possible Impact on Token Price

On the 20th, Jupiter, a DEX aggregator on the Solana (SOL) blockchain, announced that holders of its governance token 'JUP' will not be able to propose or vote on protocol changes until 2026. Mr. Kash Danda of the Jupiter team stated that the current structure of the Decentralized Autonomous Organization (DAO) is not functioning as intended. He expressed concerns about the growing chain of FUD (fear, uncertainty, and doubt) with each voting session, witnessing the breakdown of trust and hearing the voices of dissatisfaction. The DAO, token holders, and the team must unite...