Jupiter co-founder Siong Ong is weighing whether to pause the Solana DEX’s JUP buyback after more than $70 million spent with little impact on price. The reconsideration raises questions about treasury efficiency and token support strategy.
A new governance proposal on Jupiter would allow JUP holders to instantly unstake their tokens for a 3% fee, replacing the current seven-day lock-up. The change aims to boost liquidity and give users faster access to funds if approved.