DAO behind DEX aggregator Jupiter suspends governance votes until early 2026 amid community concerns

Jupiter DAO, which oversees Solana-based DEX aggregator Jupiter Exchange, has paused all votes until early 2026 following a “breakdown in trust” from community members in the current governance structure, a core contributor said on X.

Kash Dhanda wrote that the DAO needs time to rework governance tools and focus on building new products in the “Jupiverse” before polling resumes. A fresh framework will arrive no earlier than January 2026, he said. Active staking rewards will persist, distributing 50 million JUP per quarter; however, no new JUP emissions will occur for voting rewards or workgroup budgets.

JUP traded near $0.40 after the freeze, down 50 percent year-to-date amid a broader altcoin slump, according to The Block’s price page.

The pause follows weeks of criticism that project insiders dominate decision-making. In a recent DAO proposal, one team’s wallet cast over 4.5 percent of all ballots. Jupiter founders and team members reportedly control about 20% of the JUP supply, Jupiter’s native token. Community members called the influence unacceptable and said it undermines decentralisation.

Governance rows have flared before. In March, the DAO approved a $7 million salary package for four new staffers. Another vote granted co-founder Ming Ng a 220 million-JUP bonus after he pledged 280 million vested tokens to fund 65 new hires. Both measures passed despite backlash.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

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