Jupiter Universe Braces for Token Launches and Governance Votes: What's Next for Crypto Sustainability?

July 2, 2024 at 03:38 PM GST 2 mins read Crypto Live News

July kicks off with ASR rewards and $CLOUD token launch on LFG
Community vote may cut JUP token supply by 30%, with DeBridgeFinance launching DBR token on LFG Launchpad.
Jupiverse prioritizes sustainability with upcoming votes on emissions and Jupuaries, aiming to boost engagement through community initiatives.

The Jupiter community is preparing for an influx of activity over the next two months, including three critical votes and the launch of two significant tokens that promise a variety of opportunities and rewards.

Read CRYPTONEWSLAND on

google news

Buckle up.

Over the next two months, the Jupiverse will have 3 critical votes, 2 token launches, and 1 delightful reward for Catdets everywhere.

Here’s the high-level view of where we’re going, together:

July kicks off with the inaugural Active Staking Rewards (ASR) claim for… pic.twitter.com/7meu4n6FT2
— Jupiter 🪐 (@JupiterExchange) July 1, 2024

The Jupiverse ecosystem will officially launch in July with the start of Active Staking Rewards (ASR) claims. This program rewards people who voted on proposals from March to June, demonstrating that the community is committed to active governance and participation.

At the same time, the highly anticipated release of the CLOUD token on the LFG Launchpad is expected to increase the ecosystem’s utility and accessibility. The debut on an established launch platform signifies an important step toward increased market integration and investor engagement.

August will bring significant milestones for the Jupiverse community. A J4J vote will decide on a 30% reduction in the JUP token supply and a significant reduction in long-term emissions. This vote demonstrates the community’s innovative approach to tokenomics and sustainability.

The month will also see another crucial vote on whether to keep Jupuaries continuing, a program that is renowned for offering Jupiter product users recurring airdrops of JUP tokens. This initiative uses direct incentives to promote user loyalty and community engagement.

The Jupiverse ecosystem is expected to enter a dynamic phase in the coming months, characterized by creative token launches and well-considered governance decisions. The community’s emphasis on sustainability, stakeholder rewards, and ecosystem expansion demonstrates its dedication to long-term development and inclusivity.