exactly - very dissapointent in the price. All JUP value is going to JLP rathen then JUP token which is very unfair and frankly see no point in holding the token..
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So premisse, not an expert. but just logically thinking:
JUP Burning means away for ever and less Circulating.
A sell of JUP should be avoided to make pressure on price - so not changing in different assets
What if it stay just as a locked JUP Pool which belongs to all others Jup Holders according to their JUP holdings share.
Like lets say in a share Market the free Market JUP would be like shares with voting power, while the ones in the Pool would be just value keeping.
Would just be a Pool which purchases back more JUPs with its own earnings and no purpose just keeping and buying back through earnings from staking or whatever the JUP Holders would get as drops or % in the future.
On Market there would be no selling pressure from the pool itself, there would be a constant increase with the effect like burning as there should be no Plan on what to do with it just keeping and storing value, which is the asset of the free floating JUPs.
let’s say would be like a snowball system eating up itself with no purpose of earning but would decrease the free coins and increase the value of the free floating coins.
Was just idea while reading the different proposals.
But the Pool would increase in value by increasing it’s holding size, would backup the value of the free JUPs which would decrease in open market (once no new coming out) and so would decrease the free floating volume by increasing the backup value and having double effect on the value of the other coins.
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Implementing an annual burn equivalent to 4% of the circulating supply of the JUP token would represent an important strategic step toward strengthening the ecosystem. This policy creates a programmed deflation mechanism, gradually reducing the available supply and, consequently, generating a positive impact on the token’s value over time.
When this deflationary dynamic is combined with community-driven initiatives that expand the real utility of JUP — whether in governance, fee payments, incentives, or new protocol functionalities — we begin to build a virtuous cycle: lower supply + higher utility = higher demand, which exponentially enhances the token’s sustainable appreciation.
In summary, a consistent annual burn policy, aligned with decisions that reinforce JUP’s role as an essential asset within the ecosystem, can become one of the key pillars for generating long-term value for all community participants.
3 Likes
Is there an upcoming vote planned for question number two in this proposal?
What should happen with the 50% of onchain revenues sent to the Litterbox in the future?
I would like to have this sorted, as I think this is an overhang on $JUP holders currently.
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No why burn won’t be any plus side 2do this use this 5% to bring in more users 2 the Jupiter ecosystem by putting up and offering airdrop /reward system for buying into stakeing JUP to bring in more GREEN peeps like myself who was intreaged on this ASR DISTRIBUTION and wanted in on gaining crypto 4 little outlay and big returns.was definitely a eye catcher 4myself and now has led me to this side of onchain interaction I would have not normally seen or cared for .do if the interest is to boost the popularity and to grow the value of the Jupiter token I would assume doing more of this type of reward system would have a better long term outcome while the short term would be affected Minimally compared to the benefits gained on a whole
Vote no
Anther possibility is put instead of burning outright put into a pool dedicated as a jackpot witch ties into a casino platform were the casino currency is pegged on the amount from the burn split 10% jackpot /90% casino native currency and the % voted on to final the % distribution exactly and that will make profits to put back into a system focused on keep value while balancing the ongoing use
And the voters who voted majority on said votes should be final for a set time period to make it worth the vote if the vote can be changed that quick it makes it pointless to vote if tomorrow it won’t count to have voted
I vote that we do not burn!. There would be more beneficial ways to bring new eyes to the project witch will bring more demand and would drive up value better then burrning them.
1 idea is by advertising a type of daily engagement competition that rewards an (example ) “ ? 5 ” minum of trades daily allow them 2 be involved also tie in a vote per day. Factoring amount of comp points with the engagement comeing from transactions done daily not doing minimal wont qualifiy for continuing to the next all must be only done from network in related tokens / currencies and haveing staked then minum the the eyes will be at jupiters platform daily hopefully bring fresh new users to be engaged here who will hopefully convert to the ecosystem through the daily rewards distributed on being loyal an engaged makeing a vote the centre factor and gaveing spent the amount to get rewards for use of the platform
The litterbox 4% be distributed as a reward system going to rewarding any user whom trade, spend, swap at least $? Set a minimum amout per transaction to incentivising use of Jupiter wallet/platform to do there JUP and related token trading. With the hope in createing a potential new voters that loyal to platform to then hopefully spark engagement that may never been