Is there a way to see the DAOs wallet/treasury? I am thinking something similar to what realms does with other DAOs.
If we are going to vote on budget proposals we should know what resources we are working with. Income statement for the year and balance sheet etc.
I am leaning towards @Furious above. I believe the salaries are fair, but the JUP allocation might be steep. Especially when considering that all the valiant effort (justified by the salaries) will reflect a higher JUP price anyway! As a voter, I think 100k JUP is more than fair.
And directions regarding the informational requested above will help me cast my vote. Will continue to research before deadline.
Aside from the voting, thanks again for everything JUP team. To even be a part of this vote is a privileage in its own. Looking forward to see what JUP looks like in 10-years time
I find it surprising you prompted your AI bot to write such a scathing review, fortunately, I think a lot of this is not backed by facts.
I think there’s a misunderstanding of what CAWG is actually doing. We aim to build more community consensus and empower the DAO to make strong decisions. A few ways we’ve done this so far:
we’ve built public voting systems for Cats of Culture
created open feedback form for CAWG and CoCs to use (Meows)
-Run 3x weekly PPP Hours that anyone can join to contribute and get support.
Much of the funds requested are for other community members to get rewarded for their work, including new contributors, regional leaders, and moderators. The Catdets role is based on our core Ethos.
people get invited based on showing up, helping others, etc. We’re working on making that path even clearer and more open this year.
Here are our 5 first priorities over the coming weeks:
Re-shaping the structure and format of PPP towards the next iteration of what is mentioned in this proposal – more focus on creators, builders, makers of all sorts, going beyond content creation/social media.
Extending Appurrciation tool to cover Jupresearch as well, from the current coverage of Discord, Reddit and X. This is to ensure every member in the community is included and can be seen by each other.
Empowering CoCs further (on two fronts, exploring more roles/responsibilities for CoCs where possible, operationally adding the second vote for CWG/CAWG DAO Grants towards the CoC and Catdet community.
Start Season 2 of CatdetsW, and work to recruit other interested community members for similar initiatives that contribute towards productivity of the Jupiverse.
Empowering and properly supporting regional contributors and community moderators with our budget.
I still think the JUP allocation per member is too high. A combination of fixed USDC rates plus some $JUP allocation as a year-end performance bonus would be a more effective incentive.
This is the intention of this Cliff, Vesting contract - to be clear we don’t get ANY jup from this DAO vote until March 2026, and it is vested slowly until the end of 2027. Hence, the goal is to be extremely aligned with Jupiter and our goals.
I do not discredit the work of the WG. I’m personally happy with the salary ($) and I think it is fair. However, I do think 150k $jup each for one years work is way over the top.
If $jup value is $1, which it was ranging in and out of from May 2024 to Jan 2025 and is fair value of the coin imo, each member will have made more than 2x their yearly salary with just the jup allocation.
If you value $jup at $1 their yearly salary goes from $62.4k to $212.4k.
This is why I voted AGAINST.
I think $jup allocation per member should 50-60k $JUP. If valuing $jup at $1 this would still give them a whole years salary as a bonus. Which is still insane!
Hey the JUP is not given after 1 year — in fact it’s aligned to your expectations, 60K JUP is cliffed after 1 year. The rest is only distributed if further budgets get passed and the team stays on etc to the approval of the community.
Also there’s a checkpoint in place for accountability votes.
I’m voting yes, I appreciate your interest to take jupiverse higher, but you guys need to step UP your game. Please encourage more grants to create more regional communities in countries, host meetups and all. Wellness programs, reddit moderation doesn’t cut it. Plans of decentraIizing and $JUP doesn’t help much I feel. Go all in on developing more community leaders across regions. I also feel last year’s vesting kicks now, your salaries are almost doubling next year, which is more than average of any startup. I get that salaries are high depending on residing country. But, please be more productive. Thanks for your contributions !!
The JUP salary evaluation should be based on today’s JUP price, which equates to approximately $6,600 USD per month. Some might argue, “But if JUP reaches $5, we’ll have overpaid.” However, if JUP increases 10x in value, it also means your JUP holdings will have appreciated significantly, suggesting this budget was likely a sound decision.
Even so, the combined USD and JUP salaries amount to $12,000 USD per month (part of it vested and still needing approval), which is substantial. That said, culture is extremely important in this space, arguably the most important thing. It’s difficult to precisely determine whether this cost is justified, so a leap of faith and trust in the team are necessary.
Using JUP as a community token will be a challenge. The circulating supply is growing rapidly, making it difficult to hold JUP outside of staking. While we’ve made significant progress on this compared to last year, the supply still needs to stabilize for it to become an economically attractive option.
Asking for a budget in low liquidity times like these is awkward haha.
At the moment, I am trying to get a job as a salesperson at a car dealership in Germany. The company is good and shares a certain percentage of its profits once a year, which results in a bonus equal to an additional salary. It seems like a full-time, prestigious job in a G7 country, but I would have to work for 30 years to earn an amount equivalent to the bonus if we aim for the $5 Jupiter price that, according to the last vote, we are supposed to reach. Specifically, the bonuses in tokens over five years should turn into $750,000 for each team member, plus a salary (which is fair).
I also own shares of another German car manufacturer that pays dividends of 5-6% per year. Here, I am primarily interested in the stock price and the company’s performance. Dividends are secondary because they are meaningless if the company goes bankrupt and the stock—meaning my investment—turns to zero.
The situation with Jupiter is similar to stock ownership. If I am not a team member (a future millionaire) but only investing my money in this token, the only thing I can genuinely count on is the token’s price growth. Only in this case can I truly speak about success, development, and growth. Otherwise, I will only see losses, smoothed out by ASR distributions.
If we are talking about transparency, could you tell me how to find out the exact number of tokens owned by the 41 whales here and how to determine the percentage distribution of votes within each type of holder?
As of today, there are 324,614 wallets classified as “shrimps,” holding up to 100 tokens, and 104,627 wallets classified as “crabs,” holding up to 1,000 tokens. This means the maximum investment for the first category, at the current price, is $52, and for the second category, $520. If we roughly calculate the total holdings of these two largest categories, they account for 137,086,500 tokens, which is only 22.4% of the total supply. With each ASR, their voting power decreases, which means one thing—the majority is not the one controlling the vote.
It’s actually scary to think that someone who invested $100 or even $1,000 in Jupiter—considering different life circumstances (not everyone lives and works in America)—is voting for bonuses of $750,000 per team member in the future. In reality, 90% of people in the world may never earn that much money in their entire lives. How can they objectively evaluate such bonuses?
I agree with your message. Voting in favor too
As retail investors, we are an important pillar within Jupiter’s structural base, and I only hope that all changes will benefit us, the smaller group.
I sincerely express my feelings, hoping to see a tangible return on the trust I delegate through the Jupiters I hold for a long staking period without selling the rewards received. I only accumulate gradually and will be waiting, God willing, until 2030.
thank you so much @JemS3 for the vote of confidence, your feedback, and your trust in the CaWG to lead the growth of the Catdet / Jupiverse community into Cat Year 1!!!
IRL events and onboarding is one of our focal points! We are lifting up and working directly with core community members that are leading these initiatives such as Duke! We hope you’ll change your vote in our favor!
I appreciate this reflective content. The lack of attention to such messages is concerning. There is a low quorum, and only a few active Jupiverse members review the numerous daily messages, which can be hard for new members to understand.
Since the last vote, control seems to have become more centralized, undermining the image of decentralization. The recent atmosphere feels uncomfortable and mistrustful, as seen in many messages across different topics.
I hope for specific, direct, and concrete answers. I am a hyper-mini strong holder with the hope of at least recovering my investment over the years. Without blockchain expertise, we are at a disadvantage compared to those already benefiting. This is a common situation in any business.
I understand that my concerns might be uncomfortable for some, but I hope they can be considered constructively. Thank you, and I hope we can recover what we have saved.
