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According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Jupiter DAO Votes on Official Integration of JUP & JUICE Media Studio
The Jupiter DAO community is currently voting on a crucial decision that could shape the future of communications within its ecosystem. The proposal seeks to officially integrate the JUP & JUICE media team as a formal working group with its own budget and a permanent role in the DAO structure.
šļø A Media Team Thatās Already Driving the Project Forward JUP & JUICE has been operating as an unofficial media arm of the DAO since late 2024. Despite having no dedicated funding, the team has: š¹ Produced 60+ podcast episodes
š¹ Created over 200 videos
š¹ Reached 7.5 million+ total views Theyāve also partnered with prominent crypto names like Pudgy Penguins (PENGU), Star Atlas, and Bonk (BONK). Now, theyāre asking the DAO to recognize their efforts formally and allow them to scale further.
š° What Are They Asking For? The proposal requests: š¹ $282,000 USDC annually for salaries and operations
š¹ 355,000 Jupiter tokens (locked for one year) to align long-term incentives Voting opened on June 2 and will run through June 6. As of now, over 449 million votes have been castāwell above the 198 million minimum required for a valid outcome.
š£ Why Is This Important for Jupiter? According to the proposal, Jupiter is evolving at a rapid paceābut communication often lags behind, leading to community fragmentation and confusion about new products and updates. JUP & JUICE aim to bridge that gap by offering grassroots media with a focus on three pillars:
š§© Their Core Goals: š¹ Community Unification
Creating digestible and trustworthy content that helps all members stay informed and engaged. š¹ Ambassadorship
Expanding the Jupiter ecosystemās reach by collaborating with key players and creators in the crypto space. š¹ DAO Member Spotlight
Highlighting contributors and teams to make the DAO feel more human, relatable, and open.
š Whatās Next? The fate of the proposal lies in the hands of the token holders. If approved, JUP & JUICE will become an official DAO working group with the tools and funding to grow further. Voting ends on June 6, and the level of engagement so far suggests the community is taking this decision seriously.
#jupiter , #JUP , #decentralization , #Web3 , #CryptoNewss
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