07:08
Jupiter Co-founder Meow: Token burning is an important gesture for restarting and showing commitment to token holders. Community reset is a necessary step that must be promoted.
Golden Finance reports that Jupiter community member @MINHxDYNASTY praised the project for major changes, including reducing the staking unlock period from 30 days to 7 days and downsizing the DAO. Jupiter co-founder meow responded on X (formerly Twitter), saying, “Exactly, and thank you very much for this message — your judgment is 90% on point. The past few months have indeed been particularly tough, but as you said, sometimes you have to seriously reevaluate what isn’t working and readjust your strategy.
I want to say that the issue isn’t that these things are considered “afterthoughts,” but rather that we’ve tried too many different directions, and these attempts haven’t created the synergy needed for product and community growth.
Regarding the token burn, I personally feel regretful, but for token holders, it’s an important step toward restarting our relationship.
As for the community restructuring, I also feel the same way...”
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