Hey guys
Wrote a thread on the potential for $USDC to be included in quarterly asr
Wanna know everyone’s thoughts
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As the amount of JUP in circulation increased, the amount of staked JUP also increased. I think +1B JUP will be staked with the upcoming Jupuary. In this case, the share in ASR rewards will also decrease.
JUP can still be given for J4J, but this is not sustainable forever. Therefore, it seems logical to slowly return to USDC rewards both to incentivize voters and for a more sustainable system.
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I think a mixture of both would be dope
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I wish we could add tokenized gold into asr???
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gold should be a part of jup net hoping
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I would say that $USDC/any other stable coin would benefit the DAO immensely. It would boost the DAO dramatically in a good way, because as we have things set up as of now, the returns from ASR are getting linearly lower with the time.
I am staker since day 1, and the amount rewarded through each ASR quarter gets lower by the fact that the amount of Staked $JUP is increasing steadily through time (140m voting power used in first proposal ever, 540m voting power used in the last J&J vote) and the amount of $JUP dedicated to the voters did not change since inception (50m $JUP).
In the early stages of the DAO, we also had distribution as ASR of tokens that were launched through Jupiter launchpad (which were kinda small, but were a great topping on the amount of Staked $JUP that you would get for participation).
Also, there is an evident problem with the dilution of the token in terms of price: not only does the rewards from ASR gets smaller and smaller as every ASR quarter passes, the amount of sheer $USD people get from the ASR is getting immensely smaller as well, given the fact that through airdrops, unlocks, bad press revolving around some decisions after NYE 2025. (everybody knows what the situations were) and some other factors, the plummeting of the price was inevitable. On this topic, nothing much has to be said: in the most bearish sentiments of the market, the price used to plummet to $0.6 and shoot upwards of $1.2. Ever since those serious scandals took place, the price plummeted to $0.3 in the bearish sentiment, and when the market flips, we have seen the price being able to jump to $0.64 maximum, which is deeply concerning.
With all that being said, I would urge the team to consider including something similar to @lochie2001 `s proposal, because I have seen a lot of people in the CT that see the same problem, and IMO, if the team gets this thing sorted (hopefully), we might see $JUP price soar to new highs.
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From a technical perspective it is possible. From a pragmatic perspective the entire treasury of the DAO would be spent in one ASR quarter, unless you are advocating for selling Jup.
The number you are referring to in your thread does not belong to the DAO.
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I like the idea since it softens the JUP sell pressure and @Kash as well recently said in the community event that people are not buying that much JUP since they are expecting to get ASR. Maybe for the long term it might be even more beneficial (for the JUP price) to have ASR only in USDC using your proposal. Stake to get 100% in JUP or claim 70% in USDC. 
Anyhow, great idea. Really refreshing to see how your mindset has been growing! Bravo 
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interesting take but from where we will accumulate USDC for every quarter? the other 50% of protocol revenue, thats the only way i could imagine.
to protect token we need to put more value an reasons to encourage staking otherwise by next jupuary i cant imagine what position it can hold.
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I’m definitely for 
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Thank you bro appreciate the kind words.
The idea is “you shouldn’t have to sell JUP to pay for shit”
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The funds would come from the 150m usdc in reserve. Yes it’s not dao money, however, team own JUP tokens to and can vote
So it’s still within their interest to add usdc to staking.
Because the fact of the matter is, team who stake and vote are theoretically taking Dao asr. But I don’t look at it like that.
I look at it and one for all and all for one. J4J
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There is 150m usdc in reserve rn. So that’s 15 quarters at least covered.
Jupiter’s revenue is constantly growing. More and more income streams coming to JUP. And with JUP lend and Juonet. We’d also be winning over people who would deposit into other protocols for example
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No USDC shouldn’t it’s inflationary, BTC should though
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Also a cool idea
But where’s the bitcoin coming from each asr?
Use the 10mil USDC, sell the USDC into wBTC on JUP
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I think there should be more lock up options with greater reward (1,2,3,4y), and that if you lock your JUP for a certain amount of time you could get in on that extra reward.
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