Why can team members participate in voting to share ASR rewards?
@weremeow ,didn’t you say that this team member will not participate in voting since May?
ASR is for the community, it’s a rewards for participating on the décision pushed by the team.
@kashdhanda is pushing to give independency to DAO and let the community take the gouvernance.
Having the team taking more than 4
ASR is part of the community allocation.
Fair point
But I feel any token bought off open market is fair game
But if staff members using their vesting and not being able to vote raises a few question:
That being said, yes they may get asr, but they earnt it. I think a happy medium would be to balance asr better so that the team claiming don’t take too much from the pool I guess
To be honest, this one deeply concerned me for a second.
Firstly, I want to thank @Huangyesir for raising this point. ~4% voting power from a wallet that is connected to /any/ team member seems ridiculous. Also, I find it interesting that I can’t find Siong’s twitter post from 10th of June.
On your point Loch on staff members being able to use their vested $JUP; it does not sit well with me because if you imply that they would sell their BIG bags for dollars if they couldn’t use the token for its only utility, how do you not see the main concern of current ASR program as it would only boost the amount of $JUP in their bags through voting only couple of times (mind you that with current settings, the wallet mentioned in a post gets around 1,5m $JUP (700k usd)). Thats why I feel some changeup in the ASR is of the utmost importance!
Had to write it up because it really didn’t sit well on the first reading (nor on the second), looking forward for your response brother!
This point needs to be discussed further, and we need to give it more visibility.
I want to highlight that team members are the vote creators, and if they hold such a large amount of $JUP tokens and are allowed to vote, they can easily sway the outcome in their favor. This is completely wrong and unacceptable. Honestly, I’m shocked that there are team wallets holding such a massive amount of $JUP with voting rights.
Should we bring up the example of the last vote again , where many were concerned about the $JUP & JUICE allocations compared to the results? And surprise: the vote passed. People were actively changing their votes from “for” to “against,” and from “abstain” to “against.” So how did it still pass? I think we all know how that happened.
I believe the Jupiter Team is acting irresponsibly here. The argument that “team members are holders too” shouldn’t even be on the table. Siong’s replies under that post come across as dismissive and tone-deaf to the real issue, but I’m sure he understands. This feels like a monopoly. If votes can be manipulated, this is not a DAO.
You should seriously consider introducing reasonable voting power limits. Also, think about other ways to reward $JUP holders above that limit so people are still incentivized to hold more without compromising the fairness of the voting process.
I hope this will change.
take your time to read all the proposals since Jan/25 - (this year after the Jupuary) welcome and follow the diff topics and answers ..you would understand the process step by step. There is nothing to do. Jupiter is the Decentralizated ecosystem, stay positive and staking and happy. Do not forget to place your next vote and do not fight. I am accepting the rules and i’m reading&following all your posts to learn more and more. Best wishes and stay positive no matter what,.. It’s interesting each proposal
If they buy the token in open market they have the right to vote. It’s Active Staking Reward. Most of the team allocation is probably lock and they have family to find as well. Everyone deserves rewards.
Yeah, your feelings are completely valid anyways
I do agree with you that there is a problem with ASR if team are voting
But at the end of the day Jupiter token isn’t worth anything for them if they can’t use it utility
It would purely be driven by financial gain
, Which I mean there’s nothing wrong with that but that put sell pressure on doesn’t it?
1.5m jup just from one wallet, i can see now why ASR returns is diminishing every quarter.
I’ve been following both this thread and the related discussion here: Flawed Governance – Jupiter DAO, and I think it’s time we look at the bigger picture.
The issue isn’t whether team members can vote — technically, yes, they can. The issue is what kind of voting power they’re using, how it’s been accumulated, and what that means for the rest of us.
From what’s been discussed, it seems that many team members — especially cofounders and early contributors — are voting using large allocations of JUP that were received as free team compensation. These are not tokens bought from the market like the rest of us. These were given for past or ongoing work, often in large chunks, and sometimes staked shortly after receiving them.
This creates two problems:
This structure is becoming more obvious in how governance plays out. For example, in the Flawed Governance thread, many users are starting to question whether the DAO has any real control, or whether it’s just a layer of branding on top of centralized decision-making.
And when the only power community holders have is voting on how to fund marketing and content creation — while real product, treasury, and strategy decisions remain internal — it’s hard not to ask: What is JUP actually for?
If we’re honest, JUP is starting to look less like a governance token and more like a rewards mechanism for select groups, while the rest of the holders — especially long-term believers — are left wondering if they misunderstood the game.
So yes, team members can vote. But if they’re voting on their own pay, staking with insider allocations, and holding majority influence, then let’s stop pretending this is “community-led” - it is not.
That’s not why it’s diminishing
It’s diminishing bc each asr quarter, each jupuary people are locking up more and more jup
is’nt the pool should be raised after every jupuary, knowing the fact that there will be increase in staked jup, ASR should stay healthy enough to encourage participation.
been about a week since the OG post first went up
would definitely like to see more information being discussed about this topic!
