Truth about $JUP (re: A Large Holder's Concerns about Sustainability)

[JemS3]

@ihateoranges

but insiders’ token allocations will eventually translate to personal wealth if Jupiter succeeds. That’s fine – they deserve to profit from building a great product. But so do token holders who believed in that vision. We want to see the team equally eager to enrich the community alongside themselves, not as an afterthought or only if it aligns with long-term plans.

un edificio sostenido por tontos útiles que no les queda otra que seguir en la labor como yunta
Interesante y a seguir arreando hasta una cosecha próxima ( que la tierra nos sea acertada ante el riesgo de arar en el desierto
Curiosidad: El término yunta proviene del latín iunctus que significa juntos.
A dos bueyes o mulas que trabajan aunados, unidos por un yugo**, se le denomina yunta. Esto también aplica para aquel amigo inseparable, claro, en sentido figurado.

Jupiverse is Home, stay in peace and positive! A stronger holder . Best wishes people
@Pythonia tenemos que seguir avanti y tu tambien con un buen paraguas hasta que pase el temporal, no desaparezcas como oros que fueron de gran ayuda y apoyo. Take care

[Pythonia]

me meo,
que usen su tan querido AI para traducir eso,
que no veas los destrozos que hace, no van a entender nada,
y menos aun si te pones a hablar en latin y descomponer el idioma, ajjajajaj

el idioma es un arte y evoluciona constantemente,

but yet again i dont speack proper, jajaja

[BlueZenith]

@olehlyc1

You have mentioned that team is getting paid in USDC, would that imply that you JUP is selling Jup tokens for USDC to pay the salaries to the team?

It does not imply that at all.

Team salaries are paid in USDC from revenues earned by Jupiter products. No JUP is sold to pay salaries, make acquisitions, or for any other reason. None. This has been clearly and explicitly stated many times over. Don’t know why it’s so hard for people to comprehend.

[vancanthen]

Perfect explanations thankful. My big hope is that jupiter will connect the dots: When you hold $JUP in your wallet (staked; in the bundle) you get certain advantages, when using the other products. Similar to cex with $bnb or at kucoin.

[olehlyc1]

Why? Where does that come from?

Jupiter products are getting fees in JUP, not in USDC. You can see that LitterBox is in JUP

I actually would like Kash to address this Question:-)

[BlueZenith]

@olehlyc1

Jupiter products are getting fees in JUP, not in USDC.

Not sure where you got that info from but it is incorrect. Jupiter collects fees in a variety of tokens depending on the type of transaction (Perps, Limit Orders, DCA, etc.) and the token pair involved.

@olehlyc1

You can see that LitterBox is in JUP

All of that JUP has been purchased with a share of the Jupiter protocol revenues. It is being accumulated not sold. You will only see JUP coming in and none going out.

This is an example of a typical transaction in the LitterBox wallet swapping wSOL for JUP.

Here is a SS of the most recent transactions. All JUP that was bought; none sold.

This is the Catalytics page where you can see the inflow of JUP over time.

[NightOwl]

Sustainability requires commitment from everyone at Jupiverse. The most profitable acquisition of jup is for long-term that come with alignment.

[marja]

ty, Kash

well explained. nót agressive at all. and so useful regarding the fud.

kind regards,

marja

[giancarloangulo]

thanks appreciate this. But really also need to consider that we get the community we build for. if we want long term people then keep on making long term bets that would need long term alignment. no easy way to distribute rewards fairly but that should be factored in.

[srijani]

@ihateoranges

For example, the DAO approved ~$7M from its treasury to pay four team members’ salaries in 2024 – a decision that caused backlash in the forums. If the team had $10M+ in its own war chest and ongoing profits, why were community funds needed to cover core salaries? This feels like a shell game: give $10M to the DAO with one hand, then take $7M back for team pay with the other. The team’s reply doesn’t acknowledge this incident at all.

Hey - which $7m / core team salaries are you referring to here? Can you direct me to the proposal?

FYI - here’s the DAO Wallet. It has:

• 104.5m JUP (100m JUP from the initial DAO funding, 4.5m JUP from excess ASR clawback in Q2 2024), and
• ~8.5m USDC (the DAO received 10m USDC in funding initially, and ~1.5m USDC has been used to fund work groups and the JUP DAO grants over the past year.)

[ihateoranges]

Thank you for pointing that out. There’s a huge amount of information floating around, and not all of it is actually true. I reviewed the official documentation and couldn’t verify that particular claim.

That said, the main arguments in my post still stand, although I have little confidence they will be addressed in any meaningful way. I’m already preparing to be ridiculed by the team with responses like “not true,” “just wrong,” “just no,” or “we’re focused on building.”

[KingHBN]

Thank you for your very positive analysis. I have always trusted the project and haven’t thought about unstaking in the foreseeable future.

[Workwithnature]

This thread seems to be a great opportunity to clear up fud or check accountability. You are right to genuinely ask questions. Besides love that username

[Okami]

Clear and objective as always, FUD wont prevail

[Bazzo]

I am with JUP. Stacked JUP is the only way (APR 40%) according to Catalytics.

[luciohdm]

@Kash

“Júpiter está no negócio de ganhar dinheiro, mas parece que a equipe só se concentra em ganhar dinheiro para si mesma”

Incrivelmente falso.

Repetidamente, a equipe demonstrou um comprometimento em NÃO se enriquecer, apesar das MUITAS oportunidades de fazê-lo.

O time teve que abrir mão de 50% de toda a receita do protocolo ? Que tipo de time que busca se enriquecer faria isso?

Você teria que ser realmente péssimo em autoenriquecimento para achar que isso é uma boa ideia.

A lista continua, a propósito: queimar 30% do fornecimento da equipe, bloquear tokens, comprometer-se com a transparência sem acordos obscuros de bastidores, investir pesadamente no crescimento, doar voluntariamente US$ 10 milhões em USDC para a DAO, etc.

Não vou mentir para você: isso me deixou chateado. É muito frustrante passar 14 horas por dia trabalhando em algo que beneficia todo o ecossistema e ainda por cima ser chamado de aproveitador.

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Em 2026, um grande número de tokens de equipe e investidores serão desbloqueados. Se não houver uma estratégia para gerenciar esses desbloqueios, poderemos ver uma queda enorme no preço.

O que você gostaria que fizéssemos? Tirar os tokens das pessoas que trabalharam por 5 anos no projeto? Remover a remuneração delas? Roubar as carteiras de hardware delas e colocá-las em barcos?

Esta é, à primeira vista, uma ideia ridícula. A equipe conquistou seus tokens ao longo de anos de trabalho árduo. Os tokens são deles para guardar, vender, fazer stake, etc., como bem entenderem. Assim como todas as outras empresas na história dos projetos de tokens.

Ah, e a propósito, a Jupiter não tem investidores de risco. Há uma pequena alocação — 5% do fornecimento total de tokens — que é concedida aos investidores da Mercurial por boa vontade. Compare isso com qualquer outro projeto de token próximo à nossa escala e depois me diga o quanto você está preocupado com os desbloqueios dos nossos investidores.

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Ok, reli minhas respostas aqui e elas podem parecer um pouco agressivas.

Para deixar claro, não tenho nenhuma agressividade com o autor da publicação original no fórum de pesquisa. Na verdade, AGRADEÇO a ele(a) por expor seus pensamentos e ideias em uma publicação pública e bem pensada, dando à equipe a oportunidade de responder.

Mas, como eu disse no começo, é importante que tenhamos os fatos corretos e garantir que eles sejam propagados para o resto da comunidade.

Meu pedido para você, caro leitor, é simples.

Se você vir FUD, combata-o.
Se você vir problemas, sugira soluções.
Se você tiver ideias, compartilhe-as.

Nossa comunidade hiperativa é nossa maior força, mesmo quando os ânimos se deterioram. Sempre acreditarei em nossa capacidade coletiva de superar qualquer tempestade juntos.

Por favor, deixem suas ideias/feedbacks/perguntas abaixo! Posso demorar um pouco para responder, mas tentarei responder a todos!

s there any more detailed planning or mechanism that could be put in place to help minimize these risks around the unlocks? Like transparent selling schedules, rewards for staking instead of selling, or even new initiatives to keep the community engaged and the token strong during that period?

I really want to see Jupiter thrive — I’m just trying to better understand how we can get through 2026 without taking a heavy hit to the ecosystem.

[olehlyc1]

Thanks for your info. Catalytics Page is being flagged as suspicious server by my antivirus. It was relayed to the Catalytics team and I don’t think they are addressing the issue

[The_Lacrymator]

I had the same issue, Norton flagged it for me too. I spoke with Konstantinos and he indicated that he is not having the issue and can’t see why it is happening. Either way, I tried to load the page via my mobile and it doesn’t load correctly, i get an error message saying “page can’t load”.

[olehlyc1]

Thank for analysis. I did ask some bits and pieces of these on X or discord or during the rallies. But they do not pick your question, considering it a FUD.

I think it is mandatory for Meow or someone from core team to address these questions. Not regard the responses of hundreds of people here. The core team needs to address these concerns one by one

[olehlyc1]

@BlueZenith, I do not think you are not to address my Q. I asked what are the sources to pay salaries, acquisitions. And no it was not stated explicitly at all. I see no financial accountability. Just don’t reply if you have no valid point in your responses. The question was to be addressed by Kash and not by you