Solana ecosystem DEX project Jupiter announced that it would suspend DAO voting until the end of 2025, saying that the current governance structure did not meet expectations and the trust mechanism failed. Executive member Kash Dhanda said that the team will return in 2026 with a "more unified" governance model. The current staking incentive of 50 million JUP per quarter remains unchanged, but no new working groups funded by the DAO will be added. JUP has fallen by 21.8% in the past 30 days. After the news was announced, the price of the currency remained stable at $0.405. (CoinDesk)
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