Solana DEX Jupiter Suspends DAO Voting for 2025
Jupiter decentralized exchange (DEX) will pause governance voting until 2026 to focus on growth and execution. Chief Operating Officer Kash Dhanda stated the current decentralized autonomous organization (DAO) structure is ineffective, creating division and slowing progress. The suspension aims to stop JUP emissions and allow the team to rethink DAO operations. Active staking rewards will continue, and previously funded work groups will remain operational, but no new proposals will be accepted. The development team will use its treasury for community growth. DAO voting will resume after a new process is defined through community engagement. This decision follows a trend of dissatisfaction with DAOs, highlighted by Yuga Labs' proposal to replace the ApeCoin DAO due to similar concerns about dysfunction and inefficiency.
