Nice , I love it. You did an amazing job here kudos
A very interesting idea! I think if this were to happen maybe we should give up our community allocation to the team! Maybe we could burn 2 billion JUP to bring the total to 5 billion! The team could have the rest to fund talent to build JUP!
Bear market, JUP aint dying, even if it falls to 0.1
It is inevitable for almost all coins to dump during bear or at any time for that matter.
But projects with strong core products and intrinsic value like JUP always rebound to unprecedented heights eventually.
Makes the hodl-dca-accumulation-hodl-newATH sweeter for long term believers.
Interesting take! Some of the calculations are a bit flawed, but Iām hooked. I hope the team looks into this. Well thought out.
Good luck on this bro, rooting for a great outcome!
Great post! Itās really clear, and the math is great!
I love the idea of changing the fee distribution. Redirecting the funds to ASR and rewarding loyalty is definitely a better option rather than just burning it. If they implement this scheme, itāll likely lead to more $JUP being staked since we can expect a lotta $JUP kept in reserve. Plus, Iām confident that if we vote on this, itāll pass .
Absolutely voting yes on this. Actual model is stupid and non-stakers are rewarded. Furthermore as the buyback is not burned, it has little to no effect as itās just washing money. 1st all buyback jup to ASR immidietly and change the model the way you suggest. OR we will see this token plummet to cents.
Billions of tokens are stupid idea anyway, even binnace is fine with millions
Pros of this: Direct rewards straight to stakers.
Cons: Exclude other participants such as liquidity providers who are essential. This would eliminate future ASR and Jupuraries. People would participate less in voting. The yield would be variable due to the nature of the market, staking might not be as attractive.
The idea of a dividend does sound great, but if a company is paying out those dividends, the price would become less reflective of the earnings, i.e, the dividends will be the realised earnings for many. So it doesnāt guarantee that the price will increase due to the dividend. I say the price increases up to where the yield is favourable. I do like the idea of getting stable coins for staking JUP but it might not be a straight forward as you envisaged.
Yup yup yup yeah, the last
have to love this,
his logic is sound.
I wish same I think the team will run it
Absolutely no team has done it before
@siong we beg you to figure out something
Wow! This proposal makes so much sense. I will definitely be supporting it 100%!
I think collectively we started to worry about the future of staking, therefore this would be a perfect solution for bringing back the community pride and excitement of DAO participation.
Thank you for sharing this amazing proposal with us! I hope it gets through bc Iām voting YES, YES, and YES!!
Great idea, Iām agree with you 100%.
1000% Agree, this proposal gives full benefits to stakers, and for the long-term vision is the best strategy compared to the buyback strategy
With Jupiter in staking, it is also fair to seek a proportional percentage incentive for the real JupiCats investors. We stake, we give our time to share thoughts, and we encourage other members to stay staked or to continue buying and accumulating. We do this not only for personal benefits but also for the overall health and growth of the Jupiter ecosystem. Jupiter is projected to grow in future developments and become more valuable, which will help affirm the payroll for the 65 or more members who will join the new team. The sentiment here is one of dissatisfaction, as the requested rewards do not align with the current economic reality and the actual situation of Jupiter and its depreciation. Hope only the best to our real investors, i had found support and good members and leaders here. Best wishes
The more I read your proposal, the more interested and committed I become to sharing my time here to analyze all the points mentioned. I am optimistic and will wait until the end to see the economic results up to 2030. I trust in our leaders⦠Jupiverse is the best!
This is well thought out, thanks
I think itās also a good idea to give weight to the amount of time you staked. What if the compensation values are different for a 100-day staker and a 10-day staker? I think it would be good to have different weights according to the amount of staking. 200, 1000, 5000, 10,000, 20,000, 40,000. I think itās a very smart way to create an image of unconditional benefit for long-term holders.