The community of the decentralized exchange Jupiter on the Solana blockchain held a historic vote, deciding to extend the Active Staking Rewards (ASR) program until September 30, 2025.
Community Decision
As a result of a vote organized by the Jupiter community, it was decided to extend the ASR program for one more year. Until the end of the program, 2.3 billion JUP coins will be used to fund ASR rewards. The remaining 15 million JUP coins will be returned to a community-controlled multisig wallet.
New DAO Page Launch
Jupiter also announced the upcoming launch of a new DAO page and the implementation of an ASR AirDrop within two weeks. This initiative aims to make all ASR reward-related processes more transparent and community-driven.
Voting Highlights
The vote became the most participated in the history of the Jupiter community. It was conducted to allocate unused portions of the 2.3 billion JUP coins to fund ASR rewards and ensure the program's sustainability until 2025. The excess 15 million JUP coins will be returned to the community’s multisig wallet.
The decision to extend the ASR program for one more year underscores the Jupiter community’s commitment to active participation and platform development.
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