Jupiter carried out a JUP burn plan of approximately 130 millions yesterday, responding to holders' suggestions to shorten the unlocking period to 7 days.

Jinse Finance reported that Jupiter officially announced on social media that it has completed the second phase of the JUP "Fresh Start" plan. This phase aims to strategically align JUP with the platform's vision of bringing billions of users into DeFi, as well as with the community ecosystem and token system. The "Fresh Start" is essentially about setting a more strategic development path for JUP. Through deep reflection on issues with the governance mechanism and the drawbacks caused by excessive DAO communication, we realized that these factors are distracting the team and community from focusing on core work. The second phase focuses on a burn vote for approximately 130 million JUP in Litterbox (cat litter box). Today, we officially executed this burn plan and responded to token holders' suggestions by shortening the unlocking period to 7 days.