Jupiter's "Reduce JUP Net Emissions to Zero" Proposal Approved, Jupuary Airdrop Indefinitely Postponed

**Jupiter Vote on Zeroing Future JUP Net Issuance Passes with 75% Support** February 22 — Jupiter’s community vote on the “Reducing Future Token Net Issuance to Zero” proposal officially concluded at 7:00 PM ET today, with members approving the measure by a 75% support rate. Earlier, Jupiter rolled out a proposal to cut JUP’s net issuance to zero in the foreseeable future, targeting three current token supply sources: the Jupuary airdrop, team share unlocks, and Mercurial quota unlocks. Key details include: 1. **Jupuary Airdrop**: Indefinitely postponed. All 700 million JUP earmarked for the airdrop will be returned to the community multisig cold wallet for future use. The current usage and staking snapshot will be retained. The DAO will revisit the matter when market conditions, token metrics, and community sentiment are more favorable. 2. **Team Token Releases**: Indefinitely suspended. Instead, team members will receive JUP via Jupiter’s balance sheet receivables. If any member wishes to sell allocated tokens, Jupiter’s balance sheet will directly repurchase them—boosting JUP reserves and reaffirming the team’s long-term commitment to the token. 3. **Mercurial Stakeholder Pressure**: Fully mitigate selling pressure from Mercurial stakeholders by accelerating their unlocking process. Jupiter will use its balance sheet to purchase an equivalent amount of tokens, absorbing any potential selling impact.