Change Of Fee Distribution

Jupiter DAO $JUP
61

The idea and concept is great.
But the buyback is for the team to own more shares of their own company. It’s sort of like an investment on their own company… an asset in the balance sheet.
If you distribute the buyback into this proposal they are effectively giving away 50% of their revenue… Im I right?

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62

Only if you assume that stakers who get distributions do not buy more JUP. This idea is so beautiful in that:

  1. It rewards only stakers (those who don’t stake benefit from buybacks right now more so than stakers, who are locked up for at least 30 days)
  2. It incentivizes staking, so the market will conduct the same role as the buybacks at the end of the day
  3. It gives people an actual reason to hold JUP for the long term

Buying an asset on balance sheet that is worth nothing, results in having more of something that is worth nothing…

I strongly believe that this path is better for JUP. Recall too that the minority of JUP supply is staked… all the buybacks are doing right now are rewarding people who aren’t staking… who are dumping into the buying pressure with every opportunity.

63

just made an account to fully support this fee paradigm shift

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64

What I meant is in relation to the ownership of the buyback… the JUP stored in the litterbox actually belongs to them correct? If so, distributing JUP to the stakers would mean that they are giving away 50% of their revenue… that’s my understanding.

Thanks for your comment

65

This is reality, SOL went 2.74% up today and JUP is down 0.02%, future of crypto are fee earning protocols. Yes, but not for owner of protocols, but for owner of tokens.

If Jupiter does not break that cycle of shitcoins, scammers, KOLs, presidents, and all it is, is paying cadets tokens to post JUP IS HOME on Twitter timeline ( also called RAIDING ) this will all be futile experiment.

If Jup is home, and future of crypto is fee earning protocols, what do owners of token on protocols get?

In jupiter case you get 40% down when SOL is 20% down, and 20% up when Sol is 40% up, meaning Opportunity cost of 200% in every direction up and down, with enough volatility you get diminished into nothing, thats void of any FUD that we have regularly Libra, Meow hacked, using strategic reserve when token is at all time low, with more FUD, team starting exiting in 2026… opportunity cost will be … infinite. ( yes you get 3% a month if you stake, thats already lost in opportunity cost today compared to SOL )

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