According to Foresight News, Jupiter DAO released a proposal for “The Next Two Years: DAO Resolution”. The proposal includes that the Jupiter team will support the gradual independence of the DAO over the next two years, including a clear proposal generation process, control of the DAO’s treasury operations (from 3/5 of the team’s signatures to 3/5 of the DAO members’ control), legal registration, an independent funding mechanism, and transparent reporting. The DAO will focus on accelerating the growth of Jupiter’s community, products, and ideas through proposals and treasury, while the team will be responsible for product development and business management. In terms of funding, the Jupiter team will replenish another 10 million USDC to the DAO treasury and explore sustainable funding mechanisms in the next two years. Two years later, the DAO will be backed by the Litterbox Trust, which holds 50% of the protocol fees and about 32 million JUP. In addition, Jupiter DAO will also activate talents through grants and working groups, emphasizing openness, transparency and results-oriented.
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Jupiter DAO releases the proposal "Future Two Years: DAO Resolution"
According to Foresight News, Jupiter DAO released a proposal for “The Next Two Years: DAO Resolution”. The proposal includes that the Jupiter team will support the gradual independence of the DAO over the next two years, including a clear proposal generation process, control of the DAO’s treasury operations (from 3/5 of the team’s signatures to 3/5 of the DAO members’ control), legal registration, an independent funding mechanism, and transparent reporting. The DAO will focus on accelerating the growth of Jupiter’s community, products, and ideas through proposals and treasury, while the team will be responsible for product development and business management. In terms of funding, the Jupiter team will replenish another 10 million USDC to the DAO treasury and explore sustainable funding mechanisms in the next two years. Two years later, the DAO will be backed by the Litterbox Trust, which holds 50% of the protocol fees and about 32 million JUP. In addition, Jupiter DAO will also activate talents through grants and working groups, emphasizing openness, transparency and results-oriented.