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

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.

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I understand your point here and this was discussed at the outset of the DAO. Yes, the DAO is currently quite centralized (by design) and the objective is to move slowly towards decentralization. Baby steps.

I believe I can answer that question. It doesn’t. Nor do I think it should. Jupiter the protocol and the JUP DAO are two separate entities and I believe I can safely say that the DAO was never intended to have direct power over the direction of Jupiter the business/protocol/project (however you wish to characterize it). I believe this is a huge misconception that many people have. They feel that buy holding the JUP token that they have some say over Jupiter the business which is 100% not the case.

Right now, people have the ability to suggest proposals here on jupresear.ch but they all get filtered through the CWG. Without this filter, we would probably end up with a chaotic mess of random nonsense. There are plenty of avenues to be proactive. Interacting with the various Work Groups being chief among them.

Can’t argue with you there. At the outset, I wondered just what exactly was the purpose of the DAO. Up to this point, all I’ve been able to come up with is, “crowd sourced marketing”. Seems like we’ll have an opportunity to clarify this further in a vote this week.

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because now jup has a bad economy,so player dump player like memecoin,I all in my wallet and staking all,I believe the team will make the mega cake in future

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Thanks for high-lighting this! Very good points!

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totally correct! ..good Cat