Jupiter Founder Locks 280 Million JUP Until 2030

Long-Term Commitment to the Jupiter Ecosystem Jupiter's founder, Meow, has announced the lock-up of 280 million JUP tokens (worth over $204 million) until 2030. This decision is part of the first JUP token buyback initiative and a broader strategy aimed at ensuring stability and growth within the Jupiter ecosystem. Jupiter Sets a Long-Term Vision: 280 Million JUP Locked In his latest article, Meow outlined Jupiter's long-term development plan, based on the “GOAT Framework”, which focuses on governance, transparency, organic growth, and synergy. As part of this strategy, Meow announced three key initiatives to strengthen the project: 🔹 Independent Audit – Jupiter will appoint an independent auditing agency to conduct a thorough review of the founders, treasury, and token distribution. The results will be publicly available on the official website jup.com. 🔹 Litterbox Trust Fund – A new trust fund will be established, allocating 50% of protocol revenues over the next two years. This fund will strategically accumulate JUP tokens to reinforce ecosystem stability. 🔹 2030 Incentive Plan – Meow has voluntarily committed to locking 280 million JUP tokens and allocating them for team incentives. He pledged not to withdraw any tokens from this pool until 2030. A potential 500 million JUP reward will be subject to community voting, based on his performance and contributions to the project. Jupiter Ecosystem: Three Core Pillars Meow also highlighted the three key business areas that form the backbone of Jupiter: 🚀 Jup.ag – Aggregated trading platform. 🌐 Jupiverse – Community ecosystem and decentralized network. 🔗 Jupnet – Cross-chain network connecting different blockchains. This model ensures long-term alignment of interests among all ecosystem participants through JUP tokens. Meow: Crypto Needs Long-Term Thinking Meow emphasized that most of the crypto market focuses on short-term speculation, rather than a true long-term vision. He stated: 🗣️ “We talk about crypto being the future, but we often show a staggering lack of willingness to play the long game and take responsibility for our outcomes.” This commitment to long-term stability demonstrates the team's dedication to working alongside the community and building a network of future value within Jupiverse. Jupiter Completes First Token Buyback This announcement follows Jupiter’s first-ever JUP token buyback initiative. 📌 Over the last 17 hours, 4,885,370 JUP were repurchased at an average price of $0.683, totaling $3.33 million. This move reinforces strong support for the Jupiter ecosystem and its commitment to maintaining long-term token value growth.

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