The JUP DAO community is preparing for initiatives that highlight its dedication to growth, innovation, and engagement.
First and foremost, the JUP DAO will launch the proposal to Fund the Core Working Group (CWG).
Empowering JUP DAO: Funding, Capitalization, and Community Grants
The CWG has been crucial in developing the JUP community, launching initiatives like LFG, Voting, and Token List. This pivotal first vote for a JUP DAO working group will set operational precedents for future groups.
Next week, there will be a number of important events for the JUP DAO.
Firstly, the proposal to Fund the Core Working Group will go live. The CWG has been working tirelessly to support the J.U.P community by bootstrapping and taking on crucial processes such as the LFG…
— Jupiter 🪐 (@JupiterExchange) March 21, 2024
In a key development, the JUP DAO will receive substantial funding – 10 million USDC and 100 million JUP for operations and strategies. These funds, derived from revenues and community allocations, will be transferred to a separate DAO wallet. This funding boost is designed to enhance the DAO’s capacity for public good funding and Jupiverse expansion.
Also, the DAO invites proposals for Jupiverse growth or public goods, promoting an inclusive, participatory approach. Funding the CWG, DAO capitalization, and starting grant discussions are key steps to a more dynamic and inclusive JUP DAO.
More About JUP
SMOLE is now live on the exchange, opening up a new realm of possibilities for users. This launch enables users to swap, use DCA, and place LOs, tapping into Solana’s extensive liquidity.
smole — smolecoin is live on https://t.co/knthINxFwN.
You can now Swap or place DCA/LOs on https://t.co/knthINxFwN while tapping into liquidity venues across Solana. Make sure you are trading the right token! https://t.co/SWWW7QLupP
— Jupiter 🪐 (@JupiterExchange) March 21, 2024
This development not only enhances the trading experience on the exchange but also significantly broadens access to SMOLE. This will facilitate seamless transactions and diverse trading strategies for the community.
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