Second, the proposal would postpone the “Jupuary” airdrop. About 700 million tokens were planned for this event. If the proposal passes, those tokens would return to a community multisig wallet. The snapshot of eligible users would stay saved for a future date. Third, the plan addresses tokens tied to Mercurial stakeholders. Jupiter says it would speed up that vesting. Through the treasury would buy tokens to offset any selling. The goal is to neutralize new supply entering the market.
Team Says Move Responds to Market Concerns
Jupiter says token holders have raised worries about emissions. Many fear that steady supply increases could pressure prices. So the team wants to change the narrative around $JUP. The proposal argues that the project already took strong steps. It burned three billion tokens earlier. It also locked founder and team allocations for long periods. In addition, half of on-chain revenue now goes to buybacks. Still, the team says more action may be needed. Cutting emissions could align the team, users and investors. It may also help the token during weak market conditions.
DAO Vote Will Decide the Outcome
The proposal now heads to a DAO vote. Token holders will choose between two options. One option keeps the original airdrop plan. The other option delays the airdrop and pauses emissions. If the airdrop option wins, distributions will start within weeks. However, if the pause option wins, the new zero-emission plan will take effect. The team says it will follow whatever the DAO decides. It also admitted the change may upset some users who expected the airdrop.
What It Means for the Jupiter Ecosystem
If approved, the proposal would remove most new token supply for 2026. That could reduce sell pressure in the short term. However, it also delays rewards for active users. The vote will likely spark strong debate inside the community. Some may favor supply cuts for price stability. Others may want the promised airdrop to continue. Either way, the DAO’s decision will shape Jupiter’s token strategy for the year ahead.