Jupiter announces suspension of DAO voting until the end of 2025 due to governance structure falling short of expectations

Odaily Planet Daily reports that Solana ecosystem DEX project Jupiter has announced the suspension of DAO voting until the end of 2025, citing that the current governance structure has not met expectations and the trust mechanism has failed. Executive member Kash Dhanda stated that the team will return in 2026 with a “more unified” governance model. The quarterly staking incentive of 50 million JUP remains unchanged for now, but no new DAO-funded working groups will be added. JUP has dropped 21.8% over the past 30 days, and after the announcement, the token price stabilized at $0.405. (CoinDesk)