StoryOther

Jupiter DAO pauses all governance votes, citing breakdown in trust and insider dominance

JupiterJupiter Aggregator & Perps

Jupiter announced on June 20, 2025 that it would pause all DAO governance votes until early 2026. The pause followed community criticism that the team, including founders Meow and Siong, controlled about 20% of JUP tokens and dominated decision-making, with one team wallet casting over 4.5% of all votes in a recent proposal.

  • Governance suspended due to insider control and community trust breakdown
  • Founders acknowledged team maintains significant JUP token stake and voting power
  • Voting to resume no earlier than January 2026 with restructured framework
Read the original · Press

More on Jupiter Aggregator & Perps

Primer