Hey, I hope you don’t mind me jumping into this conversation. I wanted to share some thoughts that might add to the discussion.
I understand your perspective, and I appreciate the dedication of those actively building and contributing to Jupiter. However, I believe it’s important to consider the broader community’s role, especially those who have invested in JUP and are staking their tokens.
Many of us are not developers or marketers, but we’ve invested in Jupiter because we believe in its vision. We want to be more than just cheerleaders; we want to grow alongside the platform and see our investments flourish.
Currently, the structure seems to limit the community’s ability to propose initiatives or have a meaningful say in the project’s direction. This setup can make the DAO feel more like a formality than a functional decentralized organization.
I recently wrote an essay titled “DAO or Decoration? Rethinking Community Power in the Jupiter Ecosystem” that delves deeper into these concerns. It discusses the need for genuine community empowerment and outlines steps to enhance DAO functionality. You can read it here: DAO or Decoration? Rethinking Community Power in the Jupiter Ecosystem
TL;DR: The essay questions the actual influence of the Jupiter DAO and whether the community of JUP stakers has real power over the project’s direction. While the team emphasizes decentralization and invites community participation, all proposals to date have come exclusively from the team itself. There is currently no clear path for independent community members to submit proposals for vote, making governance reactive rather than proactive. This disconnect creates the impression that the DAO structure may be more of a marketing tool than a truly decentralized institution. The essay outlines steps needed to empower the community and make the DAO meaningful, including enabling community-led proposals, establishing governance tooling, and clarifying the boundaries between team control and community ownership.
I believe that by fostering a more inclusive and participatory environment, we can align the interests of all stakeholders and truly embody the principles of decentralization.
I’d love to hear your thoughts on this and discuss ways we can work together to strengthen our community’s role in Jupiter’s future.