Proposal: Reduce JUP Token Supply in 2026

Following the approval of the first supply reduction proposal,the current JUP token distribution is as follows:

  • Community (3.5 billion)
  • Circulating portion: 1st Jupuary + 2nd Jupuary + Community DAO = 1 + 0.7 + 0.1 = 1.8 billion
  • Non-circulating portion: 3rd Jupuary + Community Reserve = 0.7 + 1 = 1.7 billion
  • Team (3.5 billion)
  • Circulating portion: Team allocation + JUP (Launch Pool + MM) + 280 million incentives = 1.86 billion
  • Non-circulating portion: Team Reserve = 3.5 - 1.86 + buyback = at least 1.64 billion
    The above data is sourced from the second token audit.
    Based on this data, the proposal is to burn 1 billion tokens each from the community reserve and the team reserve, reducing the total JUP supply to 5 billion. The burning ceremony will take place during the second Catstanbul Conference in 2026. After the burning and the 3rd Jupuary event are completed, the community’s share of JUP will be fully released, with no further unlocking pressure. The team reserve will retain 640 million tokens, and with a two-year buyback program, the team reserve is expected to hold approximately 1 billion JUP by the end of 2026 for strategic project development (if supply and demand are insufficient, the team may extend the buyback period).

Given that this proposal involves the complete destruction of the community reserve, it is expected to generate significant controversy within the community. Therefore, this proposal requires a voting approval rate of over 80% to pass and be implemented.

If the proposal is approved, it will further address concerns about high FDV (fully diluted valuation), increase confidence and certainty for JUP token holders and the community, and attract more users to hold JUP and join the JUP community.

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This would be awesome. Burn baby, Burn!!

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Are you proposing burning from circulating supply or initial supply bcos burning from total supply will not determine or pump the price of jup.

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Under the current market conditions, I don’t believe that repurchasing and burning tokens from circulation will drive up the JUP price.

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I’m enjoy that, i love this to read.

That is just the fact, team decision making is crucial this period.

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It would be beneficial to stop thinking about billions and billions and billions, it takes about 200M of surplus selling to drive JUP price to 0.10, from there you need 1000% to regain 1$ meaning - never. So all this story, meow is getting this many millions, we have this many billons there here, its all fairy dust. At this point maybe 1 developer of core team can exit their JUP after vesting considering current market cap before price is run into the ground. Meow will never be able to sell, maybe he pulls out few millions at most in $.

Meow said something interesting today on JUP Rally, he said, that when he communicated 2030 plan, he forgot to communicate enough how they did 30% burn and 50% fee buyback, so basically he thinks everything is fine with token and that he did a lot.

This is what I see today SOL up 6% JUP up 3% and this is how it has been for almost a year now.

When Sol goes down 3% JUP will go down 3%. And thats why we are always down down down down.

What can Jup DEX do to fix this. Revenue sharing with stakers.

What Jup token at this time has to do with performance of JUP DEX, absolutely nothing, well that’s not true, its going in opposite direction. Jup DEX growing, Jup token diminishing.

Best thing today Kash said on Jup Rally, the market is bad, market sentiment is contributing to bad vibes,

bro when was market good for Jup last time :rofl: if Sol would now go to 260$ Double, Jup would maybe do 0.80$ so not even double.

Best I hear is 3% ASR a month, bro you lost that today in opportunity cost on SOL.

Just for sake of discussion, I am top 1% Jup Holder so dont tell me I am fudding, I am speaking truth to power.

Anyway I support your proposal, burn it all to ground. Its not worth anything giving it away for free to everyone.